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The economy of Pakistan is categorized as a developing economy. It ranks as the 24th-largest based on GDP using purchasing power parity (PPP) and the 46th largest in terms of nominal GDP. With a population of 241.5 million people as of 2023, Pakistan's position at per capita income ranks 161st by GDP (nominal) and 138th by GDP (PPP) according ...
Although Pakistan didn't officially launch a First Five-Year Plan, it embarked on various development initiatives during this period. The key focus areas included agriculture, industries, and infrastructure development. At the time of partition of British India by the United Kingdom, Pakistan was a relatively under-developed country. [6]
The Seventh Five-Year Plans for National Economy of Pakistan, otherwise known as Seventh Plan, [1] were a set of a highly centralized and planned economic development targets designed for the improvement of the standard of living, and overall strengthening of gross domestic product (GDP) growth in Pakistan, between the period of 1988 until its termination in 1993.
Zaidi has a teaching and research background spanning over 35 years, [6] during which he published several academic papers and books. He has authored works and monographs such as Issues in Pakistan's Economy, Military, Civil Society and Democratisation in Pakistan, Pakistan's Economic and Social Development: The Domestic, Regional and Global Context and New Perspectives on Pakistan’s ...
Economic mismanagement in general, and fiscally imprudent economic policies in particular, caused a large increase in the country's public debt and led to slower growth in the 1970s. Two wars with India - the Second Kashmir War in 1965 and the separation of Bangladesh from Pakistan also adversely affected economic growth. [35]
The Idea of Pakistan is a book written by the American political scientist Stephen P. Cohen. [2] First published in 2004, the book attempts to answer the question of "What is Pakistan ?" and goes beyond the simplistic labels given to this south-Asian nation; by unravelling Pakistan's past, Cohen wants to predict the nation's future and how the ...
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The liberalisation methods raised country's GDP growth at 9.38% (1964), 8.71% (1980s) and 8.97% (2004–07). After exclusive establishment of Pakistan, the country's economic policy for the rapid growth of the national economy was deeply understood and extensive efforts were carried out by the government of Prime minister Liaquat Ali Khan in 1947. [2]