Growth and poverty reduction in Pakistan

Over the last two decades, Pakistan has made significant progress in reducing all measures of poverty. The consumption-based poverty headcount decreased from 57.9% in 1998-99 to 29.5% in 2013-14, while the incidence of multidimensional poverty has declined from 55.2% in 2004-05 to 38.8% in 2014-15....

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Autores principales: Saeed, Wajiha, Davies, Stephen
Formato: Artículo preliminar
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2018
Materias:
Acceso en línea:https://hdl.handle.net/10568/147106
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author Saeed, Wajiha
Davies, Stephen
author_browse Davies, Stephen
Saeed, Wajiha
author_facet Saeed, Wajiha
Davies, Stephen
author_sort Saeed, Wajiha
collection Repository of Agricultural Research Outputs (CGSpace)
description Over the last two decades, Pakistan has made significant progress in reducing all measures of poverty. The consumption-based poverty headcount decreased from 57.9% in 1998-99 to 29.5% in 2013-14, while the incidence of multidimensional poverty has declined from 55.2% in 2004-05 to 38.8% in 2014-15. However, as noted by the World Bank and the 2015-16 Economic Survey from the Ministry of Finance, much of the population remains in poverty or could fall into poverty if economic conditions worsened. Simultaneously, measures of inequality have risen. In comparison to 1987-88, the richest 20% now consume seven times more than the poorest 20%, and, while multidimensional poverty is less than 10% in major cities, it is more than 90% in some districts. Furthermore, Pakistan has experienced structural changes such that the share of services in total GDP has grown considerably. Agriculture’s contribution to GDP declined from 22.9% to 18.9%2 over the period 2003-04 to 2017-18. Yet, the labor force is still employed in agriculture, as its share in total employment has only seen a marginal decline, from 43.1% in 2003-04 to 42.3%.
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spelling CGSpace1471062025-11-06T07:48:03Z Growth and poverty reduction in Pakistan Saeed, Wajiha Davies, Stephen economic growth employment capacity development elasticities computable general equilibrium model agricultural development poverty Over the last two decades, Pakistan has made significant progress in reducing all measures of poverty. The consumption-based poverty headcount decreased from 57.9% in 1998-99 to 29.5% in 2013-14, while the incidence of multidimensional poverty has declined from 55.2% in 2004-05 to 38.8% in 2014-15. However, as noted by the World Bank and the 2015-16 Economic Survey from the Ministry of Finance, much of the population remains in poverty or could fall into poverty if economic conditions worsened. Simultaneously, measures of inequality have risen. In comparison to 1987-88, the richest 20% now consume seven times more than the poorest 20%, and, while multidimensional poverty is less than 10% in major cities, it is more than 90% in some districts. Furthermore, Pakistan has experienced structural changes such that the share of services in total GDP has grown considerably. Agriculture’s contribution to GDP declined from 22.9% to 18.9%2 over the period 2003-04 to 2017-18. Yet, the labor force is still employed in agriculture, as its share in total employment has only seen a marginal decline, from 43.1% in 2003-04 to 42.3%. 2018-09-05 2024-06-21T09:11:18Z 2024-06-21T09:11:18Z Working Paper https://hdl.handle.net/10568/147106 en Open Access application/pdf International Food Policy Research Institute Saeed, Wajiha; and Davies, Stephen. 2018. Growth and poverty reduction in Pakistan. PACE Research Note 3. Washington, DC: International Food Policy Research Institute (IFPRI). https://hdl.handle.net/10568/147106
spellingShingle economic growth
employment
capacity development
elasticities
computable general equilibrium model
agricultural development
poverty
Saeed, Wajiha
Davies, Stephen
Growth and poverty reduction in Pakistan
title Growth and poverty reduction in Pakistan
title_full Growth and poverty reduction in Pakistan
title_fullStr Growth and poverty reduction in Pakistan
title_full_unstemmed Growth and poverty reduction in Pakistan
title_short Growth and poverty reduction in Pakistan
title_sort growth and poverty reduction in pakistan
topic economic growth
employment
capacity development
elasticities
computable general equilibrium model
agricultural development
poverty
url https://hdl.handle.net/10568/147106
work_keys_str_mv AT saeedwajiha growthandpovertyreductioninpakistan
AT daviesstephen growthandpovertyreductioninpakistan