Prof. Dr. Ehsan Rashid Memorial Lectures: Vision and Strategy for Regional Development: The Case of Balochistan Province, Pakistan
Kaiser Bengali* ()
Pakistan Journal of Applied Economics, 2015, vol. 25, issue 1, 119-233
Despite seven decades of independence of Pakistan, large parts of the country remain woefully undeveloped with poor infrastructure and limited income generating opportunities. Balochistan stands out in this respect. However, development is possible. Balochistan has a manageable population, comprising just 1.5 million families. At one job per family, Balochistan needs to provide just 1.5 million jobs. This is eminently feasible and it is possible to create an almost zero-unemployment economy in Balochistan. There are a number of theories of under-development and of growth. The theories that best fit Balochistan are â€˜Big Pushâ€™ and â€˜Unbalanced Growthâ€™. The two theories postulate that the injection of a large project in any one sector creates an imbalance with respect to other sectors. However, the project performs the role of an â€˜engine of growthâ€™ and propels growth in other sectors. Balochistan is, as yet, a primary sector economy of Pakistan; more specifically, it is essentially a pastoral economy. As such, it is prudent for the province to concentrate scarce fiscal resources in selected sectors and aim to obtain maximum impact. More importantly, it is necessary to chart a vision and set a direction. A vision sets the direction, which â€“ sequentially â€“ enables a strategy to be formulated, a policy to be framed, plans to be drawn and, accordingly, schemes to be prepared and implemented. Today, the development process has been turned on its head. Schemes are prepared and (half) implemented without the context of a plan, a policy, a strategy, a direction, or a vision. The result is expenditure of billions of rupees in the name of development, without any meaningful development.
References: Add references at CitEc
Citations Track citations by RSS feed
Downloads: (external link)
http://aerc.edu.pk/wp-content/uploads/2016/10/Arti ... KB-VII.compact-1.pdf (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:pje:journl:article15sumiv
Access Statistics for this article
More articles in Pakistan Journal of Applied Economics from Applied Economics Research Centre Contact information at EDIRC.
Series data maintained by Samina Khalil ().