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Old Monday, September 12, 2011
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Default Rising Unemployment in Pakistan

NOTE: Comments and suggestions are welcomed from the members.

Introduction

Reasons Behind Rising Unemployment in Pakistan

Myopic policies
Poor governance
Shrinking economic growth
Flight of capital and De-industrialization
Unequal distribution of wealth
Under-performing agriculture sector
Eroding foreign direct investment
Population explosion
Unfair regulation of competition; academic and market
Global economic crunch

Effects of Surging Unemployment on Pakistan

Increase in debt burden
Ballooning inflation
Widening poverty pool
Turmoil and chaos in society
Brain drain
Plethora of social evils
Eroding sense of affinity towards state
Psychological disorder

Pragmatic Solutions to Tackle Rising Unemployment in Pakistan

Paradigm shift in economic policies
Good governance
Sustainable economic growth
Equal distribution of wealth
Modernizing agriculture sector
Market attraction for FDI
Ensuring law and order situation
Overhauling education sector
Skilled labour
Encouraging small industries


Conclusion
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