Private Industrial Investment in Pakistan 1960-1970 [Paperback]

This book examines the behaviour of private industrial investment in Pakistan in the 1960s.This book examines the behaviour of private industrial investment in Pakistan in the 1960s, in the first half of which it rose at an unprecedented rate, followed by sharp decline, and then stagnation for the rest of the period. The approach adopted is institutional and empirical.This book examines the behaviour of private industrial investment in Pakistan in the 1960s, in the first half of which it rose at an unprecedented rate, followed by sharp decline, and then stagnation for the rest of the period. The approach adopted is institutional and empirical.This book examines the behaviour of private industrial investment in Pakistan in the 1960s, in the first half of which it rose at an unprecedented rate, followed by sharp decline, and then stagnation for the rest of the period. The approach adopted is institutional and empirical. The developments studied appeared to be very much the product of the institutional setting of Pakistan, which was different from that of most advanced countries but possibly riot so dissimilar from that in many other developing countries.List of tables; List of figures; Preface; Abbreviations; Introduction: a review of development policies 194770; Part I. The Institutional Setting: 1. Macro and theoretical framework; 2. The corporate environment; Part II. Profitability in the Manufacturing Sector: 3. A time series analysis of profitability; 4. Factors influencing profitability at the industry level; Part III. Factors Influencing Investment Behaviour: 5. Investment behaviour at the firm level; 6. Investment behaviour of monopoly houses; 7. Investment behaviour at the industry level; 8. Conclusions: an interpretation of the behaviour of private industrial investment in the sixties; Appendices; Bibliography; Index.