ABSTRACT
This chapter compares the evolution of Indian and Pakistani development
strategies and economic ideologies. India and Pakistan developed modern
industrializing economies of roughly similar structure and with broadly
similar degrees of state intervention. Each economy is predominantly agri-
cultural but hosts a relatively large (20-25 percent of the total labor force)
industrial labor force. Each contains a large public sector, or did before
implementation of the International Monetary Fund (IMF) structural adjustment measures. Each economy has a large labor force distributed in
similar sizes across industrial sectors. These broadly similar economic
structures, however, were developed under markedly different political
regimes and economic ideologies. India has maintained a record of regular
elections unbroken since Independence and a social democratic economic
philosophy. The military and the bureaucracy have ruled Pakistan for most
of its existence.
