Industrial Development And Poverty Reduction A Case Study Of Pakistan

Thesis (M.A.) from the year 2013 in the subject Business economics - Economic Policy, grade: 3.25/4.00, University of the Punjab (UNIVERSITY OF THE PUNJAB LAHORE PAKISTAN - DEPARTMENT OF ECONOMICS), course: DEVELOPMENT ECONOMICS, language: English, abstract: This purpose of this research is to explore the relationship between industrial development and poverty reduction in case of Pakistan. The data is taken from 1975 to 2010. It takes the hypothesis that industrial development will decrease poverty through increased employment and rise in the per capita income. All the variables used in the model are stationary at 1st difference. I have employed ARDL approach to Co-integration to find relationship between industrial development and poverty reduction. The approach and findings of the study are compared with that of regional and East Asian countries, which have developed through industrialization. The t-values for LINDG is highest among the independent variables, which means growth in industry can reduce the poverty to greater extent. The population growth of Pakistan is quite high, by increasing the literacy rate; we can make the labor skilled, increasing human capital, that will lead to more jobs and earning opportunities, reducing poverty.

Aid effectiveness has emerged as an intensely debated issue amongst policy makers, donors, development practitioners, civil society and academics during the past decade. This debate revolves around one important question: does official development assistance complement, duplicate or disregard the local resource endowment in offering support to recipient economies? This book draws on Pakistan’s experience in responding to this question with a diverse range of examples. It focuses on a central idea: no aid effectiveness without an effective receiving mechanism. Pakistan is among the top aid recipient countries in the developing economies. It was a shining model in the sixties and it ranks among the highly underperforming countries after the new millennium. This book offers an insight into the dynamics of success and failure of Pakistan in availing foreign financial and technical assistance for human development and poverty alleviation. It draws on field experiences to present case studies on water, shelter, health, education, and health and safety at work to identify the causes and consequences of aid in relation to social reality. Findings relate to developing economies and would be of interest to a wide range of individuals within the development sector.

Argues that the quality of governance has been the key to the achievement of economic development and poverty alleviation in Bangladesh, Malaysia and the Philippines. Compares three poverty alleviation programmes and considers their success or failure in relation to their respective forms of governance. Concludes that, urgent measures involving civil service reforms, accountability and transparency in decision making, the strengthening of civil society and human resource development are required to achieve good governance, economic development and poverty alleviation in most developing countries. Covers trends from 1963 to 1990.

Over the last two decades, Pakistan has made significant progress in reducing all measures of poverty. The consumption-based poverty headcount decreased from 57.9% in 1998-99 to 29.5% in 2013-14, while the incidence of multidimensional poverty has declined from 55.2% in 2004-05 to 38.8% in 2014-15. However, as noted by the World Bank and the 2015-16 Economic Survey from the Ministry of Finance, much of the population remains in poverty or could fall into poverty if economic conditions worsened. Simultaneously, measures of inequality have risen. In comparison to 1987-88, the richest 20% now consume seven times more than the poorest 20%, and, while multidimensional poverty is less than 10% in major cities, it is more than 90% in some districts. Furthermore, Pakistan has experienced structural changes such that the share of services in total GDP has grown considerably. Agriculture’s contribution to GDP declined from 22.9% to 18.9%2 over the period 2003-04 to 2017-18. Yet, the labor force is still employed in agriculture, as its share in total employment has only seen a marginal decline, from 43.1% in 2003-04 to 42.3%.

This Report Argues That Poverty Can Only Be Overcome Through The Empowerment Of The Poor, Especially Poor Women. It Recommends A Multi-Dimensional Strategy For Poverty Alleviation, Incuding Alternative Economic Growth Strategies And Governance Reforms. The Report Highlights The Need For An Integrated, National Strategy Of Public Policy And Action. Condition Good.