Pakistan Institute of Development Economics

On raising the level of Economic and social well-being of the people
Publication Year : 1992

The task before us is to devise a strategy for the 8th Five-Year Plan and beyond that guarantees an improvement in the level of economic and social well-being of the common people. It will be shown in this Report that achieving such an objective is a many-splendoured thing: it requires maximising the growth rate of per capita income within the framework of macro-economic stability, while strengthening the mechanism for distributing the fruits of economic progress eqitably between the factors of production across income classes, regions, genders, and generations.

On raising the level of Economic and social well-being of the people
Publication Year : 1992

The task before us is to devise a strategy for the 8th Five-Year Plan and beyond that guarantees an improvement in the level of economic and social well-being of the common people. It will be shown in this Report that achieving such an objective is a many-splendoured thing: it requires maximising the growth rate of per capita income within the framework of macro-economic stability, while strengthening the mechanism for distributing the fruits of economic progress eqitably between the factors of production across income classes, regions, genders, and generations.