pakistan is a poor country
Pakistan is not a poor Country but in fact; a Poorly Managed Country
Pakistan is a great country with tremendous resources regarding minerals, fertile, water resources, land, good industries, strong manpower, flourishing weather and all those blessings which any developed country can have but false policies and poorly managed plans let it down to the borderline of third world country.
An Overview
Pakistan is situated in a region where bulk of natural resources is found in its surroundings. Pakistan is one of those countries which are endowed by the natural resources. The fact is evidence from figure 1 which shows the trend of natural resources
Natural Resource Management and Economic Growth in Pakistan (agriculture, fuel and minerals) as percentage of GDP. Overall trend of these types of exports is decreasing over time. It can be seen that such exports constituted over 12 percent in 1977 but it remained under 10 percent throughout our sample period.
Natural capital
Natural capital can play an important role to boost the economic growth and to accelerate the pace of development. Evidence is found that the countries having vast natural resources could not perform significantly compared with the countries deficient of natural capital. This paper empirically explores the contribution of natural resources to economic growth for Pakistan for the period of 1975-2006 using time series econometric technique. The results are very much similar with existing literature available on the subject. There is adverse nexus between exports related natural resources as ratio of GDP and economic growth. Our findings also indicate that inadequate attention has been paid to human resource development in Pakistan throughout our sample period.
2nd largest dams
3 nuclear reactors
5 rivers
6th largest Army
7th largest nuclear power
Height of poorly Managed country
I compared Pakistan with world smallest country in the world but unfortunately we reduce our
Pakistan is a great country with tremendous resources regarding minerals, fertile, water resources, land, good industries, strong manpower, flourishing weather and all those blessings which any developed country can have but false policies and poorly managed plans let it down to the borderline of third world country.
An Overview
Pakistan is situated in a region where bulk of natural resources is found in its surroundings. Pakistan is one of those countries which are endowed by the natural resources. The fact is evidence from figure 1 which shows the trend of natural resources
Natural Resource Management and Economic Growth in Pakistan (agriculture, fuel and minerals) as percentage of GDP. Overall trend of these types of exports is decreasing over time. It can be seen that such exports constituted over 12 percent in 1977 but it remained under 10 percent throughout our sample period.
Natural capital
Natural capital can play an important role to boost the economic growth and to accelerate the pace of development. Evidence is found that the countries having vast natural resources could not perform significantly compared with the countries deficient of natural capital. This paper empirically explores the contribution of natural resources to economic growth for Pakistan for the period of 1975-2006 using time series econometric technique. The results are very much similar with existing literature available on the subject. There is adverse nexus between exports related natural resources as ratio of GDP and economic growth. Our findings also indicate that inadequate attention has been paid to human resource development in Pakistan throughout our sample period.
2nd largest dams
3 nuclear reactors
5 rivers
6th largest Army
7th largest nuclear power
Height of poorly Managed country
I compared Pakistan with world smallest country in the world but unfortunately we reduce our