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ID110114
Title ProperShifting development paradigms
Other Title Informationsequencing Pakistan's new growth framework
LanguageENG
AuthorLooney, Robert
Publication2012.
Summary / Abstract (Note)A trend setter in Asia up to the sixties, economic management in Pakistan has steadily
deteriorated to the point where the economy has, for the past few decades, lurched
from one financial crisis to the next. At the heart of the problem has been the poor
management of public finances and deep-seated unresolved structural issues in the
economy that bad management and poor governance has exacerbated. The consequences of this secular decline in economic governance are plain to see: macroeconomic instability, high inflation, poor public services, criminal neglect of the social sectors, widespread corruption, crippling power outages, growing unemployment, deepening poverty and a deteriorating debt profile.
2
`In' analytical NoteJournal of South Asian and Middle Eastern Studies Vol. 35, No. 2; Winter 2012: p.1-47
Key WordsPakistan ;  Economic Management ;  Financial Crisis ;  Economy ;  Poor Governance ;  Economic Governance ;  High Inflation ;  Poverty