An Investigation of Pre and Post Reforms Poverty Reduction in Pakistan (1964-2006)
Keywords:
Poverty; Economic Growth; Inequality; Average Income of the Lowest Quintile; Share of the Lowest Quintile; Poverty Elasticity; Pro-Poor GrowthAbstract
The aim of this study is to investigate the pre and post reform poverty
reduction in Pakistan. A consistent time series of poverty estimates
from 1964-2006 has been developed in order to facilitate the analysis
of poverty trends, together with data on income inequality. This
research has attempted to analyze Pakistan’s poverty and inequality
statistics in terms of pro-poor growth scenarios. The study
demonstrates that poverty outcomes differ widely relative to the overall
rate of growth across pre and post reform periods and at overall
national level in Pakistan. The study concludes that economic growth
alone does not guarantee sustained poverty reduction. The Government
should form policies that are more directed towards pro-growth and
pro-poor for the welfare of the state.