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Economic Of Pakistan

Pakistan has experienced periods of economic growth as well as decline throughout its history. Factors such as political instability, security concerns, population growth, natural disasters, and external shocks have influenced the country's economic trajectory. From the 1960s to the early 1970s, Pakistan enjoyed a period of relatively high economic growth. This was supported by policies that focused on industrialization and agriculture, such as the Green Revolution. However, political instability and the separation of East Pakistan (now Bangladesh) in 1971 had a significant negative impact on the economy. During the 1980s, Pakistan faced economic challenges due to its involvement in the Soviet-Afghan War. The influx of Afghan refugees and the burden of supporting the Afghan resistance strained the country's resources. Moreover, economic mismanagement, corruption, and a large public debt burden contributed to a decline in economic growth. In the 1990s, Pakistan imple