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    ISAS Briefs

    Quick analytical responses to occurrences in South Asia

    470 : Economic Planning and Development in South Asia: ‘Walking On Two Legs’

    Iftekhar Ahmed Chowdhury

    28 April 2017

    The economy of Pakistan has achieved a modicum of vibrancy that is commendable. The initial emphasis on rapid growth has over time given way to a combination of trust in market forces, combined with the widening of the social safety net to cover the underprivileged. The author has called this policy thrust ‘walking on two legs’. However, the agriculture sector is deserving of greater focus, and its potentials are yet to be fully realized. The article briefly analyses the current global economic backdrop of the economic scene including the role of the massive Chinese investments. It argues in favour of a wider regional approach to development in South Asia, which would redound to the benefit of all concerned.