Why Pakistan Must Break-into the Knowledge Economy

Rashid Amjad

Lahore Journal of Economics, 2006, vol. 11, issue Special Edition, 75-87

Abstract: The author emphasizes in this paper that this was the moment in Pakistan’s economic trajectory for it to learn to leap frog technologically from a labor intensive economy, by passing the intermediate stages of resource based and scale based activities, to a knowledge based economy. A knowledge based economy is one that bases its growth not on increasing capital or land or labor inputs, but on knowledge. The transition required is considerable, the author points out.

Date: 2006
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