How to improve the economy of pakistan essay. ChasingBirdies 2019-02-20

Problems of Pakistan & their solution (ESSAY)

Pakistan has made governance reforms, privatization, and deregulation the cornerstones of its economic revival. All problems would be solved if collective efforts are made in a disciplined manner. Let them then acquire the services of local lobbyists and consultants in each country. · Maintenance, modernization and expansion of key rural infrastructure spanning water, roads and electricity are in urgent need of policy and institutional reforms. Tax evasion: Regressive tax system collects about 90 percent tax revenue from common men. The relationship between Pakistan and the Western world has deteriorated in the modern times and essays on Pakistan have been written about them.

How to Improve the Economy of Pakistan

The oil bill and import of heavy machinery consumes heft amount annually putting pressure of rupee which slumps against foreign currencies and ultimately depreciates. Every problem has a solution, as every lock has a key. The flawed electoral system which is tilted in favour of landlords, feudal master and rich industrialist has thwarted the cause of common people. Economic history Pakistan was a very poor and predominantly agricultural country when it gained independence in 1947. Most barriers to the flow of capital and international direct investment have been removed.

Major Problems of Pakistan And Their Solutions

In case of Pakistan, look at our politicians. Few years earlier, the population was very huge. Look at the condition, only common people are accountable to law, not our politicians. Most tax revenue comes from the oil and mobile telephone sectors. Pakistan has the potential to increase its exports by double digits % every year.

How to Improve the Economy of Pakistan

But Sharif is struggling to keep the army under control and renewed border clashes with India endanger the only strategy which could allow the Pakistani economy to take off, that is a full pacification with the eastern neighbour. You may see issues, but I see a way to fix some of those issues. Rule of law is the foundation of social and economic justice. . The Federal Bureau of Statistics provisionally valued this sector at Rs.

What can Pakistan do to improve their GDP?

Poor supply of goods, food items due to low yield. Our leaders must be patriotic for all the country. Teaching my students and writing assignments for the students helps me to improve my knowledge. Also, Yu, Fan and Saurkar 2009 assessed the impact of the composition of government spending on economic growth in 44 developing countries 44 developing countries 1980-2004. This has shown up in high inflation and a zooming trade deficit. It is no wonder that there are so many poverty stricken people in Pakistan.

9 causes of slow economic development in Pakistan

Chapter two will outline the theoretical background and a literature review of previous studies that have the same problem of this study. The trade gap between import and export is incessantly increasing. Average annual growth fell to 4. The composition of a given economy is inseparable from technological evolution, civilization's history and social organization, as well as from Earth's geography and ecology, e. Pakistan's single largest import category is petroleum and petroleum products. Of it, the female ratio is very less. Following the poor harvest of 1993, the government introduced agriculture assistance policies, including increased support prices for many agricultural commodities and expanded availability of agricultural credit.

ECONOMY OF PAKISTAN essays

· A core structure weakness of the economy highlighted by the current crisis is the lack of international competitiveness that retards an export-led growth strategy. Henry Hawkins Masters in psychology from Nottingham Trent University. With these deteriorating indicators, in fact the economy would have gone down much earlier had the situation not been improved by rising foreign remittances, good agricultural output and favourable balance of payments based on increased. I work as a part-time assignment writer. Women must be as independent as are their male counterparts and must enjoy same rights and responsibilities. A large portion of its resources, both men and material are being consumed by this war.

economic development of pakistan essay

Like all developing countries, Pakistan's population is largely employed in the agricultural sector, which accounts for about 48 percent of the labor force. International Journal of Management Sciences and Business Research, Vol. Focussing on a major cash crop means very little diversification. Due to wealth concentration, around 35 percent people spend their lives under poverty line. Government spending expenditure , which will be the main focus of the study, is the acquisition of goods and services either for current use, to directly satisfy individual or collective needs of the members or for future benefits such as infrastructure investment.

Short essay on Economic Conditions in Pakistan

Pakistan has abundance of natural resources and lack of the utilization of the resources. It provides employment to about 400,000 fishermen directly. There must be one class within the state. Pakistan continued to pay a heavy price in terms of both the economic and security terms. The developed countries have progressed because of proper management and utilization of available resources. The policy of acquitting the powerful and trying the poor must be stopped.