Political institutions, Growth and Development in Pakistan (2008 - 2013)

Abstract

This paper deals with empirical facts regarding political institutions, growth and development in Pakistan from 2008 to 2013. There are two aims of this study, first to understand the nature of political institutions in Pakistan and second their impact on socio-political and economic growth that lead to development. Institution may be defined as a mechanism, organization, body, or company where people work collectively for any constructive objective that could lead the country as a whole towards development. It is very difficult to provide any definition for the understanding of political institutions. For the paper we can define, Political institutions are institutions that seek authority through legitimacy, enforce laws, and punish the transgressor. It includes political parties, legislature, executive and judiciary. After having sensible political institutions one can think about growth, that is an evolutionary process for change. The change is development. Therefore, Pakistan is one of the countries in the world where so-called1 political institutions are working for the growth and development of few individuals, few families, few media channels and few religious groups. Although it has been everywhere in the world but intensity of pragmatism makes the political institutions fruitful. It follows with growth and development with same intensity. Thus, Pakistan needs realistic political institutions that believe in the growth of a common person and development of the whole. Individualistic and holistic theories are used for understanding the whole phenomenon.