Growth and Structural Change in Pakistan Manufacturing Industry, 1954·1964

Stephen Jr. and Ronald SOLlGO
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Stephen Jr.: Pakistan Institute of Development Economics.
Ronald SOLlGO: Pakistan Institute of Development Economics.

The Pakistan Development Review, 1965, vol. 5, issue 1, 94-139

Abstract: It has been evident for some time that Pakistan has enjoyed a rate of growth of its large-scale manufacturing sector that is indeed enviable. Some efforts have been made to study and understand this process both in terms of aggregate growth [20] and with reference to specific industries and policies [6]. In addition, a point of view has grown up in unofficial [21] and in official circles [16; 17; 18], that due to tariff and licensing policies, growth in manufacturing industry in Pakistan has proceeded via import substitution in Jight, cgusume:r KQods industries, that the possibilities for further growth in these directions are now extremely limited, that the export markets for such goods are small (due to a variety of reasons) and that future growth must take place via import substitution in intermediate goods and primarily in capital goods industries.

Date: 1965
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