IDEAS home Printed from https://ideas.repec.org/a/aib/ibtjbs/v12y2016i1p39-51.html
   My bibliography  Save this article

Democracy Or Military Dictatorship: A Choice Of Governance For The Economic Growth Of Pakistan

Author

Listed:
  • Shakeel Qadir

    (Institute of Business & Technology)

  • Muhammad Tariq

    (Institute of Business & Technology)

  • Muhammad Waqas

    (Institute of Business & Technology)

Abstract

PurposeThis study is conducted to find out whether democratic or nondemocratic governments bring greater economic growth to Pakistan.MethodologyThe data of economic growth from the bureau of statistics is taken for the period 1947Pakistan’s independence to 2009 which includes four major democratic and four major autocratic era’s.FindingsWith the help of independent sample ttest it is concluded that growth has been better in the periods of autocratic rule with significant difference in areas such as GDP growth rate, CPI inflation, Floating debt and insignificant difference in areas such as Exports, Health Expenditure, FDI, and Electricity generation Practical ImplicationsThe study will help the related departments in forming the effective policies viable for economic growth and development of the country.This study sheds light on the performance of the major types of government systems in terms of economic and social growth

Suggested Citation

  • Shakeel Qadir & Muhammad Tariq & Muhammad Waqas, 2016. "Democracy Or Military Dictatorship: A Choice Of Governance For The Economic Growth Of Pakistan," IBT Journal of Business Studies (JBS), Ilma University, Faculty of Management Science, vol. 12(1), pages 39-51.
  • Handle: RePEc:aib:ibtjbs:v:12:y:2016:i:1:p:39-51
    DOI: https://doi.org/10.46745/ilma.ibtjbs.2016.121.4
    as

    Download full text from publisher

    File URL: http://ibtjbs.ilmauniversity.edu.pk/journal/jbs/12.1/4.pdf
    Download Restriction: no

    File URL: https://libkey.io/https://doi.org/10.46745/ilma.ibtjbs.2016.121.4?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Shakeel Qadir & Muhammad Tariq & Muhammad Waqas, 2016. "Democracy Or Military Dictatorship: A Choice Of Governance For The Economic Growth Of Pakistan," IBT Journal of Business Studies (JBS), Ilma University, Faculty of Management Science, vol. 12(2), pages 12-14.
    2. Polterovich, Victor & Popov, Vladimir, 2007. "Democratization, Quality of Institutions and Economic Growth," MPRA Paper 19152, University Library of Munich, Germany.
    3. Robert J. Barro, 1998. "Determinants of Economic Growth: A Cross-Country Empirical Study," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262522543, April.
    4. Helliwell, John F., 1994. "Empirical Linkages Between Democracy and Economic Growth," British Journal of Political Science, Cambridge University Press, vol. 24(2), pages 225-248, April.
    5. Zafar Iqbal & Ghulam Mustafa Zahid, 1998. "Macroeconomic Determinants of Economic Growth in Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 37(2), pages 125-148.
    6. Barro, Robert J, 1996. "Democracy and Growth," Journal of Economic Growth, Springer, vol. 1(1), pages 1-27, March.
    7. Francisco L. Rivera-Batiz & Luis A. Rivera-Batiz, 2018. "Democracy, Governance, and Economic Growth: Theory and Evidence," World Scientific Book Chapters, in: Francisco L Rivera-Batiz & Luis A Rivera-Batiz (ed.), International Trade, Capital Flows and Economic Development, chapter 8, pages 215-248, World Scientific Publishing Co. Pte. Ltd..
    8. Jagdish N. Bhagwati, 2002. "Democracy and Development: Cruel Dilemma or Symbiotic Relationship?," Review of Development Economics, Wiley Blackwell, vol. 6(2), pages 151-162, June.
    9. Abrams, Burton A & Lewis, Kenneth A, 1995. "Cultural and Institutional Determinants of Economic Growth: A Cross-Section Analysis," Public Choice, Springer, vol. 83(3-4), pages 273-289, June.
    10. Tavares, Jose & Wacziarg, Romain, 2001. "How democracy affects growth," European Economic Review, Elsevier, vol. 45(8), pages 1341-1378, August.
    11. Olson, Mancur, Jr & Sarna, Naveen & Swamy, Anand V, 2000. "Governance and Growth: A Simple Hypothesis Explaining Cross-Country Differences in Productivity Growth," Public Choice, Springer, vol. 102(3-4), pages 341-364, March.
    12. Alesina, Alberto & Özler, Sule & Roubini, Nouriel & Swagel, Phillip, 1996. "Political Instability and Economic Growth," Journal of Economic Growth, Springer, vol. 1(2), pages 189-211, June.
    13. repec:zbw:bofitp:2002_013 is not listed on IDEAS
    14. Subhani, Muhammad Imtiaz & Osman, Ms. Amber & Lakhiya, Zubair, 2011. "The Structure and Performance of Economy of Pakistan (Comparative Study between Democratic and Non-Democratic Governments)," MPRA Paper 34732, University Library of Munich, Germany, revised 2011.
    15. Jian-Guang Shen, 2002. "Democracy and growth: An alternative empirical approach," Development and Comp Systems 0212002, University Library of Munich, Germany.
    16. repec:bla:rdevec:v:6:y:2002:i:2:p:151-62 is not listed on IDEAS
    17. Nelson, Michael A & Singh, Ram D, 1998. "Democracy, Economic Freedom, Fiscal Policy, and Growth in LDCs: A Fresh Look," Economic Development and Cultural Change, University of Chicago Press, vol. 46(4), pages 677-696, July.
    18. Burkhart, Ross E. & Lewis-Beck, Michael S., 1994. "Comparative Democracy: The Economic Development Thesis," American Political Science Review, Cambridge University Press, vol. 88(4), pages 903-910, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Nabila Khurshid & Hamza Sharif & Mosab I. Tabash & Basem Hamouri & Asma Fiaz & Fozia Munir, 2023. "Analyzing the Impact of Foreign Capital Inflows and Political Economy on Economic Growth: An Application of Regime Switching Model," Economies, MDPI, vol. 11(7), pages 1-17, June.
    2. Muhammad Ashraf & Nawaz Ahmad & Sheema Haider3, 2016. "Antecedents Of Turnover Intentions: A Study Of Karachi Business Schools," IBT Journal of Business Studies (JBS), Ilma University, Faculty of Management Science, vol. 12(2), pages 12-10.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Muhammad Ashraf & Nawaz Ahmad & Sheema Haider3, 2016. "Antecedents Of Turnover Intentions: A Study Of Karachi Business Schools," IBT Journal of Business Studies (JBS), Ilma University, Faculty of Management Science, vol. 12(2), pages 12-10.
    2. Subhani, Muhammad Imtiaz & Osman, Ms. Amber & Lakhiya, Zubair, 2011. "The Structure and Performance of Economy of Pakistan (Comparative Study between Democratic and Non-Democratic Governments)," MPRA Paper 34732, University Library of Munich, Germany, revised 2011.
    3. Freund, Caroline & Jaud, Melise, 2013. "Regime Change, Democracy and Growth," CEPR Discussion Papers 9282, C.E.P.R. Discussion Papers.
    4. Ignacio Amate-Fortes & Almudena Guarnido-Rueda & Agustin Molina-Morales, 2017. "Economic and Social Determinants of Human Development: A New Perspective," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 133(2), pages 561-577, September.
    5. Muhammad Zakaria & Bashir Ahmed Fida, 2009. "Democratic Institutions and Variability of Economic Growth in Pakistan: Some Evidence from the Time-series Analysis," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 48(3), pages 269-289.
    6. Asiye TÜTÜNCÜ, 2020. "The Effect of Democracy on Economic Growth in Developing Countries," Sosyoekonomi Journal, Sosyoekonomi Society, issue 28(44).
    7. Amir-ud-Din, Rafi & Rashid, Abdul & Ahmad, Shabbir, 2008. "Democracy, Inequality and Economic Development: The Case of Pakistan," MPRA Paper 26935, University Library of Munich, Germany.
    8. Clague, Christopher & Keefer, Philip & Knack, Stephen & Olson, Mancur, 1996. "Property and Contract Rights in Autocracies and Democracies," Journal of Economic Growth, Springer, vol. 1(2), pages 243-276, June.
    9. Daron Acemoglu & Suresh Naidu & Pascual Restrepo & James A. Robinson, 2019. "Democracy Does Cause Growth," Journal of Political Economy, University of Chicago Press, vol. 127(1), pages 47-100.
    10. Tang, Sam Hak Kan & Yung, Linda Chor Wing, 2008. "Does rapid economic growth enhance democratization? Time-series evidence from high performing Asian economies," Journal of Asian Economics, Elsevier, vol. 19(3), pages 244-253, June.
    11. Hibrahim Limi Kouotou & Boniface Ngah Epo, 2022. "Duration of heads of state in power and economic growth: a Sub-Saharan African tale," Economics Bulletin, AccessEcon, vol. 42(2), pages 1153-1170.
    12. Fabrice Murtin & Romain Wacziarg, 2014. "The democratic transition," Journal of Economic Growth, Springer, vol. 19(2), pages 141-181, June.
    13. Carl Henrik Knutsen, 2012. "Democracy and economic growth: A survey of arguments and results," International Area Studies Review, Center for International Area Studies, Hankuk University of Foreign Studies, vol. 15(4), pages 393-415, December.
    14. Pakhnin, M. & Shapovalov, R., 2023. "Democratic capital and economic growth in the countries of the third wave of democratization," Journal of the New Economic Association, New Economic Association, vol. 58(1), pages 12-31.
    15. Fidrmuc, Jan, 2003. "Economic reform, democracy and growth during post-communist transition," European Journal of Political Economy, Elsevier, vol. 19(3), pages 583-604, September.
    16. Frankel, Jeffrey A., 2010. "The Natural Resource Curse: A Survey," Scholarly Articles 4454156, Harvard Kennedy School of Government.
    17. repec:spo:wpmain:info:hdl:2441/5m0od0o9jn9pqbdmos7fpt28hg is not listed on IDEAS
    18. Knack, Stephen, 2002. "Governance and growth: measurement and evidence," MPRA Paper 28050, University Library of Munich, Germany.
    19. Ana Margarida Oliveira Brochado & Francisco Vitorino Martins, 2005. "Democracy and Economic Development: a Fuzzy Classification Approach," FEP Working Papers 180, Universidade do Porto, Faculdade de Economia do Porto.
    20. Elias Papaioannou & Gregorios Siourounis, 2008. "Democratisation and Growth," Economic Journal, Royal Economic Society, vol. 118(532), pages 1520-1551, October.
    21. Albert Saiz, 2002. "Democracy to the road: the political economy of potholes," Working Papers 02-17, Federal Reserve Bank of Philadelphia.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aib:ibtjbs:v:12:y:2016:i:1:p:39-51. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Syed Kashif Rafi (email available below). General contact details of provider: https://edirc.repec.org/data/fmilmpk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.