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Old Sunday, May 29, 2016
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Default need some views on this topic ?
what are the impact of structural transformation on pakistan's economy ??
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Old Friday, October 14, 2016
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Structural transformation increased the share of manufacturing and declining the share of agriculture on the economy of Pakistan. In the recent times the services sector share has increased from manufacturing as well and more than 50% of GDP come from output of Services sector. However, still the major labor workforce of Pakistan is in the Agricultural sector because the Services sector is insufficient to accomodate large number of workforce in Pakistan.
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Quote:
Originally Posted by haseebbaloch View Post
what are the impact of structural transformation on pakistan's economy ??
Bro this very easy question

Impacts:

Boost efficiency,reduce cost,time and energy

Increase in production,increase in exports

Boost GDP,more FDI and competetion among local and foreign entrepreneurs,increase joint venture

Enhanced trade,bye bye to aid

Market competetiveness at local and international level

Boost investment of a efficient country into another poor state

Currecy level increase

More oportunity to utilize more resources

Reduced unemployment and labour power

Will help to maintain peace at national and international level

Less imports more exports,boost manufacturing facility


Note;
I just made it by common sense.i m not student of economics😁
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