1: Formative phaseAug1947- oct1958

References

Lecture Outline

Initial Conditions

Initial Conditions: Economic Structure

Shortages of infrastructure

PROBLEMS AFTER PARTITION AND INDEPENDENCE

Political & Social Issues (Refugee Problem)

Political & Social Issues

Political & Social Issues

Economic Issues

Broad Objectives Early Years

Broad Objectives - Rehabilitation

Broad Objectives - Rehabilitation

Broad Objectives - Defense

Broad Objectives – Defense

Broad Objectives- Industrialization

Broad Objectives- Industrialization

Agricultural Stagnation

Agricultural Stagnation

Agricultural Stagnation

Foreign Trade

Foreign Trade

Foreign Trade

Domestic Capital Formation

Domestic Capital Formation

Domestic Capital Formation

Non-devaluation decision of 1949.

Non-devaluation decision of 1949.

Korean War Boom

Collapse of commodity boom

DEVALUATION DECISION IN 1955

Deficit financing:

Tax efforts:

Role of State: Development of Institutions

Agriculture Policies

Agriculture Policies

The process of industrialization in pakistan: 1947-1958

Readings.

Initial Conditions - Industry

Initial Conditions - Industry

Initial Conditions - Industry

Objectives of industrial policy

Objectives of industrial policy

Industrial policy

Industrial policy

Broad Objectives - Industrialization

Development of Industry

Development of Industry: 1947-1952

Development of Industry: 1947-1952

Development of Industry: 1947-1952

Development of Industry: 1952-1955

Development of Industry: 1952-1955

Development of Industry: 1952-1955

Industrialization process

The Consequences of Policies:

The Consequences of Policies:

Policies in the Early Years: An Assessment

The End Result:1956-1958