Pakistan History
Essay by AhmedYahya1 • March 16, 2017 • Coursework • 284 Words (2 Pages) • 1,111 Views
(Summary) Ch No.6
This Is an Important chapter in many ways. Because exmines the history of industrialization process the first three decades of ppakistan extinces and examples of specific policy pursued by different regmines to the goal of industrialization.In thr first decades the exchange rate and the trade regmine the played in important role determining the direction of industrial developing Pakistan lying the ground for later years. Starting for almost non exsist industrial base economic growth in the period 1947 1958 was impressive it becames even in the decades of developing under ayoub khan between 1958 to 1968.
Industrial showed development extraordinary growth under ayoub and there was a prepetion that Pakistan would soom as one of the underdevelopment country to join the ranked of the develop world moreover agricultures suffered during the 1950 in the 1960 transformers industrial growth overall economic development was quiet in the period.
There was also a downside to this caplist development as is always the case between east and west Pakistan increased as did role betweeb ecnonmics and socialclasses.
The Bhutto era a signifacint break with the past with more then half the country now as independent nation Bhutto assumed leadership of a war torn Pakistan and inhericated difficult condition .
Firstly we argue that the important substituting industrlzation policy in the first decades was the right policy for thar times and that a careful and a selective of key economic variable resulted and industrial base being formal Secondry we argue that ayoub failure of development was indeed this was probably pakistan golden age and lastly we showed that the bhutto government itself been grossly exraggerted economic performancewas not half as bad as we have generally being led to believe.
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