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Industrial Growth· and Export Expansion.The Case of West Pakistan

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  • ISHRAT HUSAIN

    (Finance Department, Government of Sind.Karachi (Pakistan).)

Abstract

HUSAINLarge scale manufacturing has been the fastest growing sector in the economic development of Pakistan during the last two decades. Starting from almost a scratch, this sector has been able to show spectacular performance in terms of rate of growth. The overall annual growth rate in West Pakistan during 1960-68 was 11.4 %, wen in excess of the target rate of 7.0 % laid in the Second and Third Five Year Plans. The share of manufacturing in the Gross Provincial Product (GPP) of West Pakistan rose from 12.3% in 1960 to 16% in 1968. Not only has the share of this sector risen in the GPP but major structural transformations have also taken place within the sector. Consumer goods industries which contributed about 76% of the total output in 1954 are no longer as important and accounted for only 57 % of the total output in 1968.

Suggested Citation

  • Ishrat Husain, 1974. "Industrial Growth· and Export Expansion.The Case of West Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 13(3), pages 308-324.
    • Handle: RePEc:pid:journl:v:13:y:1974:i:3:p:308-324
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