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The Structure and Performance of Economy of Pakistan (Comparative Study between Democratic and Non-Democratic Governments)

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  • Subhani, Muhammad Imtiaz
  • Osman, Ms. Amber
  • Lakhiya, Zubair

Abstract

Does economic growth need Democracy? Or is it the non democratic rule that may pave the way to produce economic prosperity in the country like Pakistan? These queries have developed many arguments, which after decades emerge no nearer to being resolved. This study takes a nearer gaze at the contentions behind these inquiries and tries to clarify the linkages of Democracy/ Non-Democratic rule with economic growth. Precisely this paper is an attempt to investigate the Economic performance in Pakistan while considering the role of democratic Government and non-democratic Government in comparison. More traditional methods of comparative institutional analysis are used to understand the mechanisms through which Democracy or Autocracy either helps or hinders the process of development and growth. The results revealed and concluded that overall performance/ growth of economy of Pakistan is far better in Non-Democratic Government than the Democratic rule.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 34732.

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Date of creation: 2011
Date of revision: 2011
Publication status: Published in International Journal of Business and Social Science 14.2(2011): pp. 241-246
Handle: RePEc:pra:mprapa:34732

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Keywords: Economic Performance; Growth; Democracy; Non-Democratic Government;

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References

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  1. Robert J. Barro, 1999. "Determinants of Democracy," Journal of Political Economy, University of Chicago Press, vol. 107(S6), pages S158-S183, December.
  2. Quibria, M.G., 2003. "Growth and Poverty Reduction Does Political Regime Matter?," MPRA Paper 10302, University Library of Munich, Germany, revised Jun 2003.
  3. Casey B. Mulligan & Ricard Gil & Xavier Sala-i-Martin, 2004. "Do Democracies Have Different Public Policies than Nondemocracies?," Journal of Economic Perspectives, American Economic Association, vol. 18(1), pages 51-74, Winter.
  4. Barro, Robert J, 1996. " Democracy and Growth," Journal of Economic Growth, Springer, vol. 1(1), pages 1-27, March.
  5. Abrams, Burton A & Lewis, Kenneth A, 1995. " Cultural and Institutional Determinants of Economic Growth: A Cross-Section Analysis," Public Choice, Springer, vol. 83(3-4), pages 273-89, June.
  6. Olson, Mancur, Jr & Sarna, Naveen & Swamy, Anand V, 2000. " Governance and Growth: A Simple Hypothesis Explaining Cross-Country Differences in Productivity Growth," Public Choice, Springer, vol. 102(3-4), pages 341-64, March.
  7. Polterovich, Victor & Popov, Vladimir, 2007. "Democratization, Quality of Institutions and Economic Growth," MPRA Paper 19152, University Library of Munich, Germany.
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Cited by:
  1. Hasan, Dr. Syed Akif & Subhani, Muhammad Imtiaz, 2011. "Which Matters the Most for the Trading Index? (Law and Order or Weather Conditions)," MPRA Paper 34736, University Library of Munich, Germany, revised 2011.
  2. Hasan, Dr. Syed Akif & Subhani, Muhammad Imtiaz & Osman, Mohammad, 2012. "Co-movements of consumption patterns of high and low involvement products," MPRA Paper 37659, University Library of Munich, Germany.
  3. Subhani, Muhammad Imtiaz & Hasan, Dr. Syed Akif & Osman, Ms. Amber, 2012. "Do consumers buy bread and diamond with the same attachment?," MPRA Paper 45094, University Library of Munich, Germany.

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