Leadership must to boost economy
Economic development issues always remain in all discussion of local or government level and different suggestions, planning being done only for passing the time. The programmes and projects which finalized remained only in files. The funds approved for the uplift projects released on time and disappeared before completion of the project. During the Ayub Khan`s regime it was South Korea that was greatly influenced by the Pakistan`s liberal economic policies and now the South Korea is one of the largest economies and has massive industrialisation with hitech exports which boosted its economy towards skyhigh economic growth rates and multiple increase in national income, which is the only path to sustainable development. Against it Pakistan is engulfed in various crises, tumults, chaos and turmoil. This state of affairs is only due to a lack of proper leadership which is troubling the country with no focus towards adherence to public policy and good governance principles. Pakistan has copper and gold deposits in Balochistan and in possession of the fifth largest coal reserves at Thar, and this part of the country is still behind developed states due to the massive corruption of the public officials. In order to pull the country out of this abyss, the leadership of Pakistan must allocate at least four per cent of Gross Domestic Product for education, human resource development and build up integration between the federating units to bring cohesion and wipe out ethnic differences. China which was at one time adversely affected with opium wars in the nineteenth century finally under the leadership of Mao Zedong transformed the country after the revolution against Chiang Kaishek and later on premier Deng Xioping brought infrastructural developments and enabled the economy to achieve escalating heights. So it is only leadership of a state that matters as a result thereof that can usher the country into a new era by restructuring the economic paradigm in accordance to the needs of the people as governments are by the people, of the people and for the. In the case of Pakistan, it always lacks true leadership which boost the economy in real sense.