Printer Friendly

Is Pakistan missing planned economy?

Byline: IMTIAZ ALI LAKHAN - Ghotki

Centrally planned economies are highly recommended for the best interest of the people and meeting social and national objectives. As nowadays, we are observing Pakistan is badly lacking such situation, after 18th amendment in the constitution, there is the huge gap between provincial and federal economies of the state, each federal decision needs provincial assent be it, 'Five Million Housing Scheme' as the land belongs to provinces.

Opponents of the federal government (PPP) do not believe that a central cabinet has the capacity to make major economic decisions and well-being of the people, they argue PTI government will lead to inefficiencies and lost aggregate utility. If the desirable situation is achieved, Federal government gets the assent of provinces, then two possible advantages will be lesser inequality and more employment in the country.

COPYRIGHT 2019 Asianet-Pakistan
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2019 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:The Nation (Karachi, Pakistan)
Date:Jan 21, 2019
Previous Article:Another JIT.
Next Article:Balochi language.

Terms of use | Privacy policy | Copyright © 2020 Farlex, Inc. | Feedback | For webmasters