Pakistan's economic system: a stage of transition (original) (raw)
1971, RePEc: Research Papers in Economics
AI-generated Abstract
The paper examines the economic system of Pakistan during a transition towards socialism, focusing on the radical economic program proposed by the People's Party. It outlines the current economic and political landscape, the need for socialization of various sectors, and the challenges posed by a feudalistic agricultural structure and concentrated industrial ownership. Additionally, it discusses the implications of a socialist government on investment and management efficiency, suggesting that threats of expropriation may hinder progress.
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