ISSUES OF RADICALIZATION AND ITS EFFECTS ON ECONOMIC GROWTH: EVIDENCE FROM PAKISTAN

Abstract

Seeking Sustainable economic development is a key factor in raising the standard of living of a common man, and it also helps the state to exercise good governance effectively. The sustainable economy of any state directly affects its governance. Pakistan has seen a lot of economic turf and crust in the last 70 years. Economists and those responsible for governance have shown their concern about uncertain and frequent fluctuations in Pakistan's economy, but Pakistan's high time should have a sustainable economy for economic and social development. Current research argues that some social and economic reforms if implemented immediately, will lead to good governance in the country. The analysis and the result conclude that if the identified causes of economic instability are addressed, the challenges to good governance will also be mitigated. Current research is qualitative in the collection of data available on official websites of government institutions, international monetary agencies, interviews with selected relevant staff, and views of common people who are suffering as a result of Pakistan’s weak governance system.

The connections between poverty, education and terrorism have been suggested to be ephemeral, inasmuch as the generally presumed. Instead they are the progeny of years of frustrated political aspirations and indignity, which inculcates an acute sense of insecurity and consequent hatred against those who are perceived to have brought about these conditions. Much scholarly ink has been spilt in the quest for answers to what produces terrorists, and many theories have been put forward. As a researcher we also tried to narrate radicalism and its effects on the economics of Pakistan.