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Comparison of Key Economic Indicators of Pakistani Economy: Democratic Governments (FY89-FY99) with Military Regime (FY00-FY05)

Author Affiliations

  • 1Department of Business Administration, Indus University, PAKISTAN
  • 2Institute of Business Administration, Sindh University, PAKISTAN
  • 3Institute of Business Administration, Karachi, PAKISTAN

Res. J. Recent Sci., Volume 3, Issue (6), Pages 46-49, June,2 (2014)

Abstract

The objective of this research was to analyze the two different regimes of government in Pakistan. The Military government of General Pervaiz Mushrraf from FY-00-FY-05 and the democratic form of governments i.e. Pakistan Peoples Party and the Pakistan Muslim Leagueís democratic governments from FY-89-FY-99. The economic data was taken from State bank of Pakistan and analyzed through T-test, Z-test and F-test. The major findings of the research stated that there is no significant improvement in the military government, as they have always claimed for shining economy or the improvement in macroeconomic indicators in military governments. Rather it is concluded that many macro economic indicators are significantly better in democratic governments as compared to the military regime. So, it is finally concluded that there is a false claim that military regimes are better than the democratic governments in terms of overall economic growth of the Country. The overall analysis are shown and proved that military regimes are not beneficial for any Country in terms of economic and social growth. It is further concluded from the study that military from any Country should not even think to topple the democratic governments because they do not have any moral and legal legitimacy to rule. The major responsibility of Military is to safeguard the geographic boundaries of the country not the political sphere of the Country.

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