Why Pakistan must break-into the knowledge economy

Amjad, Rashid (2006): Why Pakistan must break-into the knowledge economy. Published in:

Abstract

The author emphasizes in this paper that this was the moment in Pakistan’s economic trajectory for it to learn to leap frog technologically from a labor intensive economy, by passing the intermediate stages of resource based and scale based activities, to a knowledge based economy. A knowledge based economy is one that bases its growth not on increasing capital or land or labor inputs, but on knowledge. The transition required is considerable, the author points out.

• Item Type: MPRA Paper
• Language: English
• Keywords: Knowledge Economy, Economics of Education, Technical Efficiency, Pakistan
• Subjects: I - Health, Education, and Welfare > I2 - Education and Research Institutions > I22 - Educational Finance ; Financial Aid

References

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