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The Economic Policies for Elimination of Poverty: A Comparative Analysis between Pakistan and Malaysia

Author Affiliations

  • 1FUUAST, Karachi, PAKISTAN
  • 2 Hamdard University, Karachi, PAKISTAN

Int. Res. J. Social Sci., Volume 3, Issue (9), Pages 63-67, September,14 (2014)

Abstract

This paper contains empirical findings, relating to the elimination of poverty in Malaysia, which can be implemented in Pakistan because more than sixty years have passed since the creation of Pakistan, yet Pakistan is in absolute contrast to other countries; Pakistanís economic growth rate is unsatisfactory due to unstable political conditions, inconsistent economic policies, prevalence of feudal system, illiteracy, and underdeveloped agriculture and industrial sector. Consequently Pakistanís growth rate is painfully slow. The sole purpose of this research article is nothing but to review government policies in the light of Pakistanís economic conditions and social problems, and to make a comparative assessment with another Muslim country Malaysia, whose socio-economic conditions to a large extent are the same as that of Pakistan.

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