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Pakistan's Development - The Role of Government and Private Enterprise

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  • Swadesh R. BOSE

    (Pakistan Institute of Development Economics)

Abstract

In the 1960's Pakistan's economy started generating rates of growth of over 5 per cent per year-higher than those observed in many other underdeveloped countries including its neighbours. Industry is growing rapidly. Exports are increasing by over 7 per cent per year. Perhaps more significant, many believe, an agricultural revolution is underway. Some observers consider this to be remarkable and a model of development in the non-socialist world. However, the brief growth experience of the 1960's, after the long stagnation during the 1950's, can hardly be a basis for definitive conclusions about longrun development. Observation of a longer period and evidence of certain basic conditions are necessary for such extrapolation.

Suggested Citation

  • Swadesh R. BOSE, 1968. "Pakistan's Development - The Role of Government and Private Enterprise," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 8(2), pages 264-280.
    • Handle: RePEc:pid:journl:v:8:y:1968:i:2:p:264-280
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