Not economy but politics is key to success
(A) INTRODUCTION: Beyond an iota of doubt, it is politics but not economy, that paves the way for prosperity and success of a nation.
(B) HISTORICAL PERSPECTIVE
. Examples from the developed world (all these nations had been collapsed during 2Nd world war and possess no substantial natural resources, but political leadership made these nations the economic masters)
(1) Example of Japan
(2) Example of England
(3) Example of Singapore
. Examples from the underdeveloped world ( However these nations are blessed with every resource but no political stability)
(1) Example of Sudan
(2) Example of Nigeria
(3) Example of Libya
(C) IMPORTANCE OF POLITICS
(1) Good governance
(2) Political integration
(3) Economic prosperity
(4) Efficient utilization of natural resources
(5) Harmonious law and order situation
(6) Provision of justice
(7) Accountability
(8) Improved life standard
(D) PAKISTAN PERSPECTIVE
(1) Economic potential of Pakistan
. Fertile land
. sixth largest population
. world’s best irrigation system
. 700 miles wide coastal line
. second largest coal mines
. third largest salt mines
. Proximity to world’s superpowers (China, Russia)
. Atomic power
. Copper and gold deposits in Pakistan
(2) Political History of Pakistan
. Quaid’s death
. Assassination of Liaquat Ali khan
. Military coups
. Constitutional imbroglio
. Anti democratic setup
. Rigging and hoarse trading in politics
. Non visionary leadership
. Immature politicians
. Curse of feudalism
. widespread Corruption
(E) CONCLUSION
In a nut shell, the prevailing situation of Pakistan on economic and political fronts is due to the political upheavals our country has been facing. Despite having substantial resources Pakistan is confronted with multifarious challenges.
Misprinting should be forgiven
