ECO610 Complete Handouts

Course Outline · Module · Topics

Introduction

Laying the Foundation Decade of Development The bad luck years 2nd Military Regime Structural Adjustment Democratic Transition Conclusion

2- Agriculture Sector of Pakistan

Agriculture Sector Agriculture before British Rule Impact of British colonialism

Feudal or Capitalist?

Green Revolution

Land Reforms

Issues in Agriculture

3- Industrial Sector of Pakistan

Industrial Sector of Pakistan

Phase 1 (1947-1958)

Second Phase (1958-1968)

Third Phase (1969-1977)

Fourth Phase (1977-1988)

Structural Adjustment

Key Issues in Industry

4- Public Finance and Fiscal Policy

Structure of Government Structure of Taxation

Issues in Taxation

Debt and Deficits

Pakistan's Fiscal deficit

Domestic and Foreign Debt Crises

5- Monetary Policy and Monetary Management

Financial Sector of Pakistan

Monetary management of Pakistan

Financial Liberalization and its Consequences

Monetary Expansion and Inflation

Inflation Trends

The Low Savings Rate

6- Balance of payment and Trade Regimes

Pakistan's Foreign Trade; Early Years

Pakistan's Foreign Trade; Development Decade

New Government’s Trade Policy (1972-1977)

Liberal Trade Regime and Structural

Foreign Exchange Rate

World Trade Organization (WTO) and Globalization

7- IMF and Structural Adjustment Programs (SAP)

in Pakistan

Structural Adjustment Programs and IMF: Historical Perspective SAP: Implementation and Achievements

MODULE 1

South Korea was similar to Pakistan in 1960 but today the GNP per capita of South Korea is 18 times more than Pakistan.

Abbreviations

GDP: Gross Domestic Product FDI: Foreign Direct Investment FY: Fiscal Year CPEC: China Pakistan Economic Corridor GSP: Generalized System of Preferences EU: European Union PPP: Pakistan People’s Party PML-N: Pakistan Muslim League-Nawaz IFPRI: International Food Policy Research Institute

GDP per… · Pakistan · South · Korea · GDP per capita