Explain valid reasons for the slow growth and re-emergence of poverty in Pakistan.

Question

Accepted Answer

Reasons for slow growth and re-emergence of poverty in Pakistan:

1. Political Instability:
- Frequent military coups
- Inconsistent policies
- Weak democratic institutions

2. Low Investment in Education:
- Low literacy rates
- Poor human capital formation
- Limited skilled workforce

3. High Population Growth:
- Strains resources
- Reduces per capita income
- Creates unemployment

4. Regional Disparities:
- Uneven development
- Concentration in few areas
- Backward regions lagging

5. External Dependence:
- Reliance on foreign aid
- Debt burden
- Limited export diversification