globalization in pakistan
TRANSCRIPT
8/7/2019 Globalization in Pakistan
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Globalization in Pakistan
Anish Poddar , Salman Zafar
8/7/2019 Globalization in Pakistan
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Contents
� Background of Pakistan
� What is Globalization ?
� Effects on the economy of Pakistan
� Gross National Product
� Growth of Imports and Exports
� Inflation rate at CPI
� Advantages
� Disadvantages
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What is Globalization
� Globalization can be defined as worldwide integration of;
Economic
Cultural
Political
Social
Religious
Financial Systems
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Effect on the economy
� The structure of the Pakistani economy has changed from a mainlyagricultural base to a strong service base.
� The size of GDP increased three times from Rs 2,938 billion in
1998-99 to Rs 8,716 billion in 2006 -07. $446.1 billion (2007 est.)
� Annual per capita income: US $ 2,400
� Agricultural growth rate: 7.5%
� GDP - real growth rate: 5.3% (2007 est.)
� Inflation rate : 7.6 % ( CPI figures )
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Gross National Product
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Growth Rate of Imports/Exports
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Inflation Rate at CPI
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Advantages to Globalization
� Foreign investment now worth: $14.67 billion
� Increased economic growth rate
� World wide access to commodities
� Superior market for trade
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Disadvantages to Globalization
� High cost of living leads to inequality of wealth.
� Accused of dilluting tranditional Islamic culture.
� Excessive westernisation (diminishing cultural identitiesand values).
� Environmental damages due to ongoing construction.
� Labour exploitation.
� More competition in domestic market.
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Conclusion
� Background of Pakistan
� What is Globalization ?
� Effects on the economy of Pakistan
� Gross National Product
� Growth of Imports and Exports
� Inflation rate at CPI
� Advantages
� Disadvantages
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References
� https://www.cia.gov/library/publications/the-world-factbook/print/pk.html
� http://www.globalization101.org/
� http://www.pide.org.pk/pdf/psde%2018AGM/ImpactofGlobalizationOnPakistans.pdf
� http://www.statpak.gov.pk/depts/fbs/statistics/yearly_inflation/yearly_ inflation.html
� www.tradingeconomics.com