impact of globalization on pakistan economy

Usman Dar 022Ahsan Jamshaid 012Saeed Afzal 047Umair Khan 035Umer Saif 011

Group Members

Click icon to add pictureImpact

of Globalization On

Pakistan's Economy

What Is globalization?

Multi-Dimensional WTO & ITO

growth rates of output, foreign trade, Investment and the effect of these increase on unemployment in Pakistan

labor market trends, income distribution and education

Introduction

Ahsan Jamshaid

Growth Rates of GNP.

The Gradual and Uneven Process of Foreign Trade And Investment Liberalization.

GROWTH IN OUTPUT, TRADE AND INVESTMENT

Growth Rates of GNP

Real Gross National Product (GNP) per capita is a useful aggregate measure of annual income per person, net of growth in population and prices.

An average Pakistani today commands purchasing power that is three and half times greater than in 1947.

Growth Rates of GNP

GROWTH IN OUTPUT, TRADE AND INVESTMENTGrowth Rates of GNP

The Gradual and Uneven Process of Foreign Tradeand Investment Liberalization

The decline in import duties as a revenue source can be seen from the fact that their contribution to total taxes has fallen from 50.4% in 1987-

88 to 15.9% in 2000-01.

The Gradual and Uneven Process of Foreign Trade

and Investment Liberalization

The Gradual and Uneven Process of Foreign Trade

and Investment Liberalization

Saeed Afzal

Growth Rate of Exports and Imports

Growth Rate of Exports and Imports

Umair Amanullah Khan

Real wage in manufacturing sector

Real wage in construction and agriculture.

Trends in Inter sectoral Wages in Pakistan

Real Wages in the Construction and

Agriculture Sectors

Umer Saif

Income Distribution and Poverty

Education

Education

Advantages &Disadvantages of Globalization

Increased free trade between nations Increased liquidity of capital allowing

investors in developed nations to invest in developing nations

Greater ease and speed of transportation for goods and people

Reduction of cultural barriers increases the global village effect

Greater interdependence of nation-states

Advantages of globalization

Increased flow of skilled and non-skilled jobs from developed to developing nations as corporations seek out the cheapest labor.

Greater risk of diseases being transported unintentionally between nations.

Increase in the chances of civil war within developing countries and open war between developing countries as they vie for resources.

Decreases in environmental integrity as polluting corporations take advantage of weak regulatory rules in developing countries

Disadvantages of Globalization

SUMMARY & CONCLUSION

Conclusion There is need for coordination & collaboration effort among south Asian countries to expand trade in the region. Pakistan need to diversify its export base & shift from primary agricultural to more value added and industrial products. Privatization will have to be place at the top of govt. agenda Pakistan should increase export not only to earn more foreign exchange but also to join the world community in globalization. Pakistan must attract foreign direct investment (FDI) by giving them various incentives.

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