Pakistan

My topic deals with Pakistan, its relationship with the IMF and World Bank, and its internal problems that are causing unemployment, poverty, economic crisis and hunger. I shall be analyzing the situation using the neo-classical theory, as it is what the economists of the Pakistan government and the IMF are using to alleviate the economic instability of the country.

Situated in the sub-continent, Pakistan is a low-income country, with great promise for growth. Unfortunately, it is held back from reaching middle-income status by chronic problems like a rapidly growing population, sizable government deficits, a heavy dependence on foreign aid, recurrent governmental instability and large military expenditures. It is to address these fundamental faults in Pakistan’s economy that the IMF has initiated the Structural Adjustment Programs (SAPs) in the country. This is discussed in further detail later in the paper.

Like all developing countries, Pakistan’s population is largely employed in the agricultural sector, which accounts for about 48 percent of the labor force. In today’s world the Industrial and Service sectors are the largest growing areas of a developed county’s economy. Yet Pakis

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Some common words found in the essay are:
Reform Foreign, Sri Lanka, Pakistan Rs, World Bank, Protection Ordinance, WAPDA KESC, Rosset Esparza, Hence Pakistan, Government Pakistan, Industrial Service, private sector, public sector, world bank, imf world, foreign exchange, debt servicing, reform program, imf world bank, social services, public sector enterprises, environmental protection, due lack, private sector investment, imf world banks, third world countries,
Approximate Word count = 6044
Approximate Pages = 24 (250 words per page double spaced)