How can a country that has suffered from political volatility and instability for such a long period achieve high economic growth?.In order to explain these paradoxes and contradictions, this article attempts to address the following questions: It is usually believed that economic growth can take place only in the presence of political stability, but the Pakistani case contradicts conventional wisdom. Pakistan has thus been unable to realize its potential. Various East Asian countries that were behind Pakistan in the 1960s have surged far ahead in most economic and social indicators. Politically, however, the interplay of religious fundamentalism, sectarianism, ethnic cleavages and regional economic disparities has made the country volatile and unstable. The economic growth rate has averaged 5 percent annually since 1947-a feat achieved by very few countries.
Economic and social outcomes in Pakistan over the last sixty years are a mixture of paradoxes.
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