Why do Military Regimes in Pakistan Show Impressive Economic Growth Rates?

Introduction

Before Man Mohan Singh’s far-sighted economic reformation put India on a high growth trajectory during the 1990s, economists used to taunt India for growing at the Hindu rate of growth of 2.5% for several decades after independence. Pakistan can also share this taunt with a caveat; we have followed two different rates of growth-military rate of growth of more than 6 % and a civilian rate of growth of less than tha4%.

A cursory glance at the 70 years growth profile of Pakistan would reveal that relatively high GDP…

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