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The Nature of Poverty and Its Prospects: Pakistan Evidence

Author

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  • Herani, Gobind M.
  • Wasim, Pervez
  • Rajar, Allah Wasayo
  • Shaikh, Riaz Ahmed

Abstract

This paper analysis the reasons of poverty, and identifies reduction strategies developed in Pakistan and its consequences. This exploratory study uses the secondary data for the analysis. Much has been written on poverty reduction in Pakistan. So many strategies are prepared and implemented in Pakistan; we have identified and analyzed these and found that no one is successful, and in the light of these results, it needs further contribution for the reduction of poverty. Trends have remained uneven during the study period. It is found that in 1970s, poverty decreased due to increase in prices of farm output and increase in remittance. In 1980s poverty decreased due to zakat distribution, increase in remittance growth in construction and services sector. Again after 2000 it reduced and much change is seen due to introduction of Microcredit, Khushhali bank and massive spending on poverty related and social sector. In the end implication are made for the better results of strategies and planning.

Suggested Citation

  • Herani, Gobind M. & Wasim, Pervez & Rajar, Allah Wasayo & Shaikh, Riaz Ahmed, 2008. "The Nature of Poverty and Its Prospects: Pakistan Evidence," MPRA Paper 11615, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:11615
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    1. Gobind M. Herani, 2010. "Microfinance And Self-Help Finance System To Reduce Poverty From Pakistan: An It-Based Solution," Indus Journal of Management & Social Science (IJMSS), Department of Business Administration, vol. 4(1), pages 57-63, December.
    2. Sulman Hafeez, Siddiqui & Hassan Mujtaba Nawaz, Saleem, 2008. "Services-led Growth and Industrial Policy: Lessons for Pakistan," MPRA Paper 75647, University Library of Munich, Germany.
    3. Herani, Gobind M., 2008. "Livlihood Diversification and Opinion Polls’ Analysis: Evidence From Tharparkar-Sindh (Pakistan)," MPRA Paper 8050, University Library of Munich, Germany.
    4. Irfan, Mohammad & Muhammad Yasin, Hafiz, 2009. "Socio-Economic Challenges Faced by Pakistan," MPRA Paper 40570, University Library of Munich, Germany.
    5. M. Akram, Mian & Afzal, Muhammad, 2014. "Dynamic Role of Zakat in Alleviating Poverty: A Case Study of Pakistan," MPRA Paper 56013, University Library of Munich, Germany.
    6. Gobind M. Herani & Muhammad Mahmud & Prof. Dr. M. A. Qureshi, 2009. "Livlihood Diversification1 and Opinion Polls’ Analysis: Evidence From Tharparkar-Sindh (Pakistan)," Indus Journal of Management & Social Science (IJMSS), Department of Business Administration, vol. 3(1), pages 64-79, June.

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    More about this item

    Keywords

    Poverty Alleviation Strategies; Zakat Distribution ; Microcredit ; Remittance;
    All these keywords.

    JEL classification:

    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • J32 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Nonwage Labor Costs and Benefits; Retirement Plans; Private Pensions
    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance

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