Towards a Stable Economy and Politics (Policy)

Nadeem Haque and Raja Rafi Ullah
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Raja Rafi Ullah: Pakistan Institute of Development Economics, Islamabad.

The Pakistan Development Review, 2023, vol. 62, issue 1, 105-114

Abstract: Pakistan throughout its history has seen regime changes from more democratic to 1 more authoritarian and vice versa. This has meant that the country’s political and social landscapes have remained volatile and unstable. Many economists argue that this instability has partly contributed to the stifled and irregular growth patterns in the country. The average GDP growth rate has been irregular from decade to decade, with an overall long-run downward trend.

Date: 2023
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