Abstract:
The paper examines the major components of the development strategy pursued by the Musharraf
regime since it took over in 1999 (called “ The Musharraf Development Strategy”). It examines
the extent to which it departs from the development strategy followed in the more recent past as well
as some of the new directions taken. The paper analyses some of the “strengths” and “weaknesses”
of the strategy both in terms of its own objectives as well as by measuring its performance against
standard socio-economic indicators related to macro stability, inflation, poverty and employment. It
identifies some of the key issues which need attention of policy makers in formulating a sustainable
development strategy for Pakistan.
