Challenges Faced By Pakistan As An Impoverished Nation And Its Development

Modern day Pakistan’s land has traditionally been Muslim for many years. In the early nineteenth century it was ruled by Britain and considered part of the British Indian Empire. In 1947, a partition was granted from the British, and Pakistan and India were created as their own countries. As the previous British Empire divided,

The revolution of the Philippines is a story about an economically poor government; a poverty-stricken nation; and a corrupt dictators nearly bloodless ousting. The revolution is key in understanding the current state of the nation, as well as exhibiting factors that have led to the countries current economical state. While the events leading up to the revolution are by no means solely responsible for the poverty of the Philippines, the nation is still recovering from the effects of the incidents preceding the revolution. The Filipino revolution is structurally similar to many of the world s past revolutions. While all revolutions are

Therefore, since independence, the main objective of Pakistan’s foreign policy has been to protect its territorial integrity against a possible attack from India—to ensure national security from external threats. An important aspect of Pakistan’s foreign policy is that its relations with India mainly determine its attitude towards the other nations. It has conjured up threat from India, and by constantly harping on its fear of India; Pakistan has tried to win the sympathy of the superpowers. However, the basic force behind Pakistan foreign policy is its security and survival, both economic and military.

The Islamic Republic of Pakistan is a sovereign nation situated in South Asia having the expansive sedimentary basin covering more than 827,000 Sq. Km and spread over both onshore and offshore. The total evaluated reserves of Pakistan are 27 billion barrels of oil and 280 trillion cubic feet of

Remittances typically refer to transfers of money by foreign workers to their home countries. Remittances are not a new phenomenon in the world, being a normal associated to migration which has always been a part of human history. Remittances are playing an important role in the economies of many developing and low income countries. Pakistan is a labour abundant country; hence, as neoclassical theory shows, if workers are unable to find jobs and/or wages to satisfy their needs, they will look elsewhere. Pakistan’s history provides us with a new trend of emigration nearly each decade. Remittance is an important source of foreign exchange earnings for Pakistan since 1970. During the past four decade Pakistan received

Pakistan has grown much more than other low-income countries, but has failed to achieve social progress commensurate with its economic growth. The educated and well-off urban population

Pakistan got independence in 1947 from British rule and it is situated in South Asia. It is diverse country with multi -culture and multi -linguistic society. It is one of the most populated countries of world with around 199 million populations and covered with area around 340,509 sq. mil. It is geographically crucial country of continent and share borderline with other countries such as India, Afghanistan, China, Iran. Afghanistan and Iran locate in west while India lies in east of Pakistan. Russian federation and China the central Asian states situated in its north (Geography 2016).

Since Pakistan came into being, it’s going through hard times. From newly born country to getting sixty four year old country, sometimes it has given sacrifices and sometimes remained victim of inapt political system. For the long time, it is facing number of challenges and conspiracies which has weakened its foundations and so is the structure. Therefore, many social and economic evils have taken birth in the lap of Pakistan; with the passage of time, the roots are getting deep hold. Every citizen of an independent nation has a right over basic necessities of life but unfortunately, Pakistani nation

Pakistan is categorized among the 43 countries who are most exposed to poverty. (S. Rana 2011)

Pakistan is a developing country which is deficient in capital. Since its inception it has relied on foreign assistance to fill the financing gap which exists in different sectors. An efficient allocation of funds in each sector would have helped us overcome these difficulties and helped us raise the standard of living across the board. Due to mismanagement on the part of the government, there were wasteful expenditures. Now the country faces fiscal deficits due to corrupt government officials and poorly constructed policies. As a result of all this the country has amassed huge amount of foreign debt from donor countries (Hassan, 1998).

Pakistan matters because this country is the corridor between the Eastern Asia and the Middle East. It is one of the six declared nuclear weapon state with one of the largest armies in the world. Pakistan is important because it has been part of five declared wars in the past sixty years with it’s neighbouring country, India. The country is also at war with few of the most dangerous terrorist groups of the world like Al-Qaeda, Talibans, etc. It is one of the main allies of United States and United Kingdom of Asia. Pakistan is one of the most complex democracy of the world. It’s different ethnicities, languages and regions makes it one of the most diverse nations in the world. The country was founded on the Westminster model, but the government has been overthrown by military leaders three times since Pakistan’s creation. That makes it function differently from Britain. Many dismissed the Pakistani economy for years because of it’s poor frugality and government functionality. It has constantly faced a rapid economic fall in the past few years, forcing the world to pay attention.

Pakistan’s economy has undergone multiple changes since the country earned its independence from India in 1947. Initially, Pakistan based its economy on private enterprises, but during the 1970s, nationalization of many industries took place, including banking, manufacturing and transportation. The decade that followed, saw the implication of Sharia Law, and with it the rise of an Islamic economy. During the 1990s, Pakistan once again saw many industries become privatized and developed the mixed economy that we see in place today (Burki & Ziring, 2016). The World Factbook places

A nagging perception in some quarters in the West, especially the US, that Pakistan is not “doing enough”.

The IMF has a history with the country of Pakistan which may be viewed as very problematic for the people of the country – depending on who you ask. In my research for one specific problem to write about pertaining this issue, I decided to encompass the entire project of Pakistan, which to many would be considered a massive failure on the part of the IMF and the ruling elite class of Pakistan.

Beggars are everywhere in Pakistan. They are found in nearly every village, town and city. The main hubs of their action are places of worship and bazaars. They can be seen on the sides of the roads in front of the mosques and other places of hectic activity. They move from street to street, from one area to another and beg for alms, food and money. They take whatsoever is given to them. Sometime, individual comes across a deaf or dumb beggar lifting a sightless or lame beggar on his back and begging for charities.