An Analytical Study of the Socio-Economic Condition of Pakistan from Nationalization to Islamization

Abstract

Progress and prosperity of a country depend on the socio-economic climate prevailing within the country. Economic conditions determine and influence the social progress and the standard of living of the people. Socio-economic scene does not always stay the same or is stagnant; but it is constantly fluctuating and changing for good or bad. Infact economic development and social progress are concomitant variations. Socio-economic situation in country depends on several internal and external factors such as age of the country, political stability, law and order, freedom from foreign intervention, scientific and technical know-how, geographical conditions, quality and quantity of the skilled people, international economic and political phenomena and peace. Same factors have influenced the socio-economic condition of Pakistan. With the separation of east Pakistan Zulfqar Ali Bhutto came into power and introduced nationalization policy for economic growth with the slogan socialism. But with the enforcement of Martial Law 1977, General Zia-ul-Haq changed Pakistan and turned the country towards Islamization. This research paper explores and highlights the socio-economic condition of Pakistan during Zulfiqar Ali Bhutto and Zia era.