Governance, Globalisation, and Human Development in Pakistan

Naved Ahmad


The controversy over the likely effects of globalisation on
economic wellbeing is well debated in the literature, yet the subject
remains open for further examination. One can easily relate anything to
the concept of globalisation, as it is so broad, diverse, vague and
volatile. The word globalisation has been used in different context and
with so many different connotations. When people use the word
globalisation they mean what they choose it to mean. A large number of
studies have been conducted to ascertain the effects of globalisation on
third world economies including Pakistan. Many scholars, despite
recognising the need for globalisation as an impetus to economic growth,
blame that the process of globalisation has divided the world into two
classes: rich and poor. In this paper we attempt to show that bad
governance has reduced the benefits of globalisation in Pakistan. We
approach this task by first defining the term globalisation and its
various components. Second, we investigate the relationship between
governance and the benefits of globalisation.

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