The Musharraf Paradox: the Failure of an Economic Success Story
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Authors
Looney, R.E.
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Advisors
Date of Issue
2008
Date
2008
Publisher
Language
Abstract
Despite some of the more rapid rates of economic growth seen in Pakistan in years, the government of Pakistan’s
Pervez Musharraf was soundly rejected by voters in early 2008. To the surprise of many observers, it was the economy,
rather than increased violence, the war on terrorism, or the authoritarian nature of the regime that was the prime
concern of electorate. It appears that much of the macro-economic successes did not trickle down very far – increased income
inequalities and regional disparities, rising inflation only added to the electorate’s frustrations. After examining the
country’s pattern of growth and the results of Musharraf’s economic programs, a more fundamental criticism can be made
– the economic development model adopted over the last eight years is unlikely to have laid a solid foundation for further
growth.
Type
Article
Description
The Open Area Studies Journal (2008), pp. 1-15.
Refereed Journal Article
Refereed Journal Article
Series/Report No
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Citation
Looney, R.E. The Musharraf Paradox: the Failure of an Economic Success Story,” The Open Area Studies Journal (2008), pp. 1-15.
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This publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.