Some poverty issues in Pakistan: An Empirical Analysis

Abstract

A pragmatic approach for income enhancement was adopted in 1960s with a notion "take care of GNP and it will take care of poverty itself (Dr. Mahboob-ul-Haq) followed by its reversal in 1980s. Current policy is to combat poverty and revive economic growth. Emphasis of the first policy package was to boost farm output by investing in agriculture (a supplier of raw materials). The second policy package was to invest for it by shifting to value adding industries, notably textiles, to develop backward and forward linkages, increase income, employment and share in global trade. This was to continue for other commodities and tailoring output according to the economic principles to sustain increased welfare, which was not achieved