Industrialization in Pakist A case of frustrated take-o

John Power
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John Power: Institute of Development Economics

The Pakistan Development Review, 1963, vol. 3, issue 2, 191-207

Abstract: Development planning in Pakistan aims at reaching the stage of self generating growth "within a measurable period of time"l. The perspective oflong-term growth outlined in the Second Five Year Plan envisages a quadrupling of national income and the achievement of a six-per-cent per annum growth rate by the end of the sixth-plan period2• This is generally taken to define the period of planned take-off into seJfsustained growth. The choice of a 30-year period is, in any case, consistent with take-off periods identified by Rostow for a number of countries, all of which fall within a range of 20 to 30 years3•

Date: 1963
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