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Trade and Industrialization Policies for an Accelerated Development in Pakistan

William E. James and Seiji Naya
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William E. James: Resource Systems Institute, East-West Center.
Seiji Naya: Department of Economics, University of Hawaii, USA.

The Pakistan Development Review, 1990, vol. 29, issue 3 and 4, 201-222

Abstract: Pakistan achieved high rates of economic growth from the mid-1970s. Growth was faciitated by the external circumstances that relaxed the balance-of-payments constraints. However, growth was not accompanied by an improved social development Moreover, as the external circumstances worsened, the underlying macro-economic imbalances emerged and the growth slowed down. The paper assesses how the domestic and international economic policies might be adjusted to attain a more sustainable pattern of development.

Date: 1990
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