Business and Power in Pakistan
This chapter takes a historical look at the complex relationship between business & power in Pakistan, beginning with the Mughal Empire, moving through the colonial period, & ending with events since 1947. In post-1947 Pakistan, the development of the business structure continued to be influenced by power. Acts of "economic irrationality" adopted in the 1970s have adversely affected business for the last 25 years. Finally, Pakistan's leaders have long given preferential treatment to the business community. This has resulted in the flourishing of elite activities & the proliferation of questionable resource transfer strategies. As long as these types of activities are continued, Pakistan will fail to secure a positive economic position in the international market. 39 References. K. Larsen