Give reasons for the slow growth and re-emergence of poverty in Pakistan.

Solution

The reasons for the slow growth and re-emergence of poverty in Pakistan:
(i) Agricultural growth and food supply situation were based not on institutionlised process of technical change but on good harvest.

When there was a good harvest, the economy was in good condition. When it was not, the economic indicators showed stagnation on negative trends.

(ii) In Pakistan most foreign exchanges earnings come from remittances from Pakistan workers working in the middle east and the exports of highly valatile agricultural products : there was also growing dependence on foreign loans on the one hand and increasing difficulty in paying back the loans on the other.

Some More Questions From Comparative Development Experiences of India And Its Neighbours Chapter

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Comparative Development Experiences Of India And Its Neighbours

Give reasons for the slow growth and re-emergence of poverty in Pakistan.

Some More Questions From Comparative Development Experiences of India And Its Neighbours Chapter

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