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The Economic Dependency of Pakistan: Reasons, Challenges and Prospects.

Authors :
Hanif, Raja Amir
Sultan, Iqra
Source :
Pakistan Journal of Social Sciences (PJSS); 2024, Vol. 44 Issue 2, p251-260, 10p
Publication Year :
2024

Abstract

Purpose: This research aims to examine the economic dependency of Pakistan, exploring the historical, internal, geopolitical, and structural factors that have contributed to its current reliance on external sources for economic sustenance. Design/Methodology/Approach: The study employs a qualitative research method, drawing insights from a systematic review of scholarly articles, reports, historical sources, and policy texts. Findings: Through a comprehensive analysis, this paper probes the reasons behind Pakistan's economic dependency, highlights the implications of this phenomenon, and suggests potential strategies for achieving greater economic self-sufficiency. Pakistan's economic dependency stems from a complex interplay of various factors, including aid dependence, structural weaknesses, geopolitical dynamics, and limited technological advancement. Implications/Originality/Value: Addressing these issues is crucial for achieving sustainable economic growth and reducing vulnerability to external shocks. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
20742061
Volume :
44
Issue :
2
Database :
Supplemental Index
Journal :
Pakistan Journal of Social Sciences (PJSS)
Publication Type :
Academic Journal
Accession number :
178703872
Full Text :
https://doi.org/10.5281/zenodo.12597393