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Short Term versus Long Term Economic Planning in Pakistan: The Dilemma

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  • Rabbi, Ashan
  • Mamoon, Dawood

Abstract

For long term and sustainable economic development, countries have to start from somewhere. Thus there is a distinction between short term planning and long term goals setting. However historically countries like Pakistan have mostly fell into the trap of economic plans that focus on year to year goals setting or in other words macro economic stabilisation and usually fail to link policies with long term plans. The paper presents data that supports the hypothesis that it is the initiative of governments and not the donors to link long term economic progress with short term policies. China is a good example in this regards.

Suggested Citation

  • Rabbi, Ashan & Mamoon, Dawood, 2017. "Short Term versus Long Term Economic Planning in Pakistan: The Dilemma," MPRA Paper 76114, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:76114
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    11. Zaidi, S.Akbar, 2005. "Issues in Pakistan's Economy," OUP Catalogue, Oxford University Press, edition 2, number 9780195979145.
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    Cited by:

    1. Fabio Gaetano Santeramo & Lerato Phali, 2023. "On the impact of provincial development policies in South Africa," Development Southern Africa, Taylor & Francis Journals, vol. 40(6), pages 1137-1152, November.
    2. Saima Kalwar & Melasutra Md Dali & Norhaslina Hassan, 2018. "Development Framework for Agro-Based Industries in Secondary Cities of Sindh Province, Pakistan: SWOT Analysis of Ten-Year Perspective and Medium-Term Development Framework Plans," Sustainability, MDPI, vol. 10(4), pages 1-21, April.
    3. Saima Kalwar & Noman Sahito & Irfan Ahmed Memon & Jinsoo Hwang & Muhammad Yousif Mangi & Zulfiqar Ali Lashari, 2019. "National Planning Strategies for Agro-based Industrial Development in Secondary Cities of Sindh Province, Pakistan," Sustainability, MDPI, vol. 11(24), pages 1-16, December.
    4. David Asmat-Campos & Ángel Carreño-Ortega & Manuel Díaz-Pérez, 2019. "Recovering-Innovation-Exportation Triangle as an Instrument for Sustainable Development: Proposal for Peruvian Agro-Export Development," Sustainability, MDPI, vol. 11(4), pages 1-14, February.

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    More about this item

    Keywords

    Economic Development;

    JEL classification:

    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy

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