ABSTRACT
Among the developing countries Pakistan has been a significant recipient of foreign economic assistance. Moreover, starting with a low level of assistance in the early 1950s, the rate of flow of gross assistance increased considerably during the subsequent years, especially in the 1960s. During the 1960s, the high rate of flow of economic assistance was associated with a high rate of economic growth. However, towards the end of the second decade, Pakistan’s economy developed stresses and conflicts of serious proportions which threatened not only economic progress but also political stability - indeed Pakistan’s survival as one political entity. It is hoped that analysis of Pakistan’s experience may provide lessons for the other developing countries.
