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Rethinking Pakistan's Development Strategy

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  • Hamid, Naved

Abstract

The objective of this paper is to set out the key components of a development strategy for Pakistan. A fundamental premise of our analysis is that the world economic environment is changing dramatically and a development strategy today must position itself to take advantage of the changes taking place. The paper is divided into five sections: First we provide a brief review of Pakistan's experience with development strategies so far. next we discuss the changes that have occurred, or taking place in the global economy, which have strategic relevance for Pakistan. In the third section we look at the current situation in Pakistan with regard to the potential drivers of growth, based on the earlier discussion of the global developments. In the final section key elements of an alternative development strategy for Pakistan are outlined.

Suggested Citation

  • Hamid, Naved, 2008. "Rethinking Pakistan's Development Strategy," MPRA Paper 13491, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:13491
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    Keywords

    Development Strategy; Growth; Globalization;

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O20 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - General
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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