The Structure and Performance of Economy of Pakistan (Comparative Study between Democratic and Non-Democratic Governments)
Muhammad Imtiaz Subhani, Zubair Lakhiya, Amber Osman
Abstract
Does economic growth need Democracy? Or is it the non democratic rule that may pave the way to produce economic prosperity in the country like Pakistan? These queries have developed many arguments, which after decades emerge no nearer to being resolved. This study takes a nearer gaze at the contentions behind these inquiries and tries to clarify the linkages of Democracy/ Non-Democratic rule with economic growth. Precisely this paper is an attempt to investigate the Economic performance in Pakistan while considering the role of democratic Government and non-democratic Government in comparison. More traditional methods of comparative institutional analysis are used to understand the mechanisms through which Democracy or Autocracy either helps or hinders the process of development and growth. The results revealed and concluded that overall performance/ growth of economy of Pakistan is far better in Non-Democratic Government than the Democratic rule.
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