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Economic experts think that Pakistan’s economic crisis has several causes. Political instability and poor governance have been significantfactors that undermine the country’s fiscalposition. Pakistan is also highly import-dependent, particularlywith regard to energy, which renders it acutely vulnerable to hikes in global oil and gas prices.
Pakistan has progressed from a low-income to a lower middle-income developing economy ─ GDP per capita increased from US$294 in 1980 to US$1,017 in 2010 according to the World Bank (2012). The late 1940s: era of emergence of a new national economy.
12 Αυγ 2021 · The rate of investment grew by 17.2% of GDP to 23.0% from 2001-2007, domestic debt was decreased from 17.8% to 16.1% of GDP in the same period, which is almost 30% of the total GDP, much of bilateral and unilateral foreign aid were sent to Pakistan, i.e., in 2002 $11 billion were sent to Pakistan.
14 Οκτ 2023 · This paper examines the various factors behind Pakistan's economic crisis and analyzes its devastating consequences for the country's population.
A historical overview of Pakistan from 1947 to 2018 that examines the development of the country in terms of political, socioeconomic, administrative, and foreign policy decisions/trends. Published as part of Informa (Routledge) Europa World Series for 2018, it constitutes the chapter on Pakistan's history. See full PDF.
The Economic Consequences of Partition: India and Pakistan The creation of independent India and Pakistan by the partition of British India marked the end of what many Britons considered their finest achieve ment in Asia—the political unity of the subcontinent. In the early summer of 1947, the successors of Warren Hastings and the Lawrences ...
NUST Institute of Policy Studies organized the lecture titled “The economy of Pakistan: Challenges and way forward” on Wednesday, the 4th of November, 2021. Dr Ashfaque Hasan Khan, veteran economist and academic, contextualized the economic struggles of Pakistan and what measures Pakistan must take to steer the economy in the right
