Accession Number : ADA521189
Title : Private Sector Investment in Pakistani Agriculture: The Role of Infrastructural Investment
Descriptive Note : Research rept.
Corporate Author : NAVAL POSTGRADUATE SCHOOL MONTEREY CA DEPT OF NATIONAL SECURITY AFFAIRS
Personal Author(s) : Looney, Robert E
Report Date : Jan 1999
Pagination or Media Count : 17
Abstract : By all accounts, Pakistan faces increased difficulties in expanding its agricultural sector. For its part, the government is gradually withdrawing from its historical policy of direct intervention and adopting a more market-oriented strategy. In this strategy, the private sector will be expected to play the major role in providing capital to the agricultural sector, with the government's remaining involvement being largely one of furnishing basic infrastructure. The critical question of course is how willing is the private sector to commit capital to agricultural activities in this new policy environment? Has the private sector responded in the past to the increases in profitability provided by an expansion in infrastructure? If so, what types of infrastructure are most conducive in this regard? Have there been any off-setting effects associated with other government programs? In this regard, it appears that if infrastructure is to make a contribution to the country's agricultural sector, it will most likely be in terms of improved quality of facilities and efficient management rather than their simple expansion.
Descriptors : *PRIVATIZATION , *INFRASTRUCTURE , *INVESTMENTS , *AGRICULTURE , *PAKISTAN , *GOVERNMENT(FOREIGN) , *PRODUCTIVITY , ECONOMETRICS , MACROECONOMICS , PROFITS , ECONOMIC DEVELOPMENT , ELECTRIC POWER PRODUCTION , PATTERNS , HISTORY , ECONOMIC IMPACT , COMPETITION , POLICIES , RAILROADS , REPRINTS
Subject Categories : Agricultural Economics
Economics and Cost Analysis
Government and Political Science
Distribution Statement : APPROVED FOR PUBLIC RELEASE