Rethinking Pakistan's Development Strategy

Naved Hamid

Lahore Journal of Economics, 2008, vol. 13, issue Special Edition, 47-62

Abstract: The objective of this paper is to set out the key components of a development strategy for Pakistan. A fundamental premise of our analysis is that the world economic environment is changing dramatically and a development strategy today must position itself to take advantage of the changes taking place. The paper is divided into five sections: First, we provide a brief review of Pakistan’s experience with development strategies so far. Next, we discuss the changes that have occurred, or are taking place in the global economy, which have strategic relevance for Pakistan. In the third section we look at the current situation in Pakistan with regard to the potential drivers of growth, based on the earlier discussion of the global developments. In the final section key elements of an alternative development strategy for Pakistan are outlined.

Keywords: Development Strategy; Growth; Globalization (search for similar items in EconPapers)
JEL-codes: O11 O20 O40 (search for similar items in EconPapers)
Date: 2008
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