Introduction To The Economy Of Pakistan

The economy of Pakistan, despite has attained a substantial rate of growth and some important structural change over the years, is still an agrarian economy by its very nature. A predominant rural society with majority of its inhabitants is depending upon its agricultural sector and sub-sectors for its livelihood.

Another notable feature of Pakistan’s economy is its socio-economic set-up a small feudal class, comprising hardly 5% of the total population owing more than 90% of the total land resources.

This class has also a strong hold over the economy as a whole because of its wealth potential and thus fully enjoys the status of a privileged ruling class. The entire political and economic system revolves round the vested interests of this class.

 

 

  • Add Your Comment

    This site uses Akismet to reduce spam. Learn how your comment data is processed.