International Journal of Business and Social Science

ISSN 2219-1933 (Print), 2219-6021 (Online) DOI: 10.30845/ijbss

A Research on Industrial Structure Evolution and Adjustment in Pakistan
Zhao Yulin, Muhammad Mudassar

Industrial structure transforms and evolves with the changes in the overall economic base. In the globalized world economy with rapid changes in technology and innovations every industry has to keep itself on the track of evolution to reap maximum gains. In this paper we have analyzed the structure of industry and economy vis-à-vis primary, secondary and tertiary industries in Pakistan. Characteristics and salient features of the industry at different strata are considered and ways to evolve and adjust in its present forms are discussed. More recent trends during the last decade after year 2000 and historical trend of industrial structure adjustment since its birth as an independent country in 1947 are discussed in this paper. Certain adjustments and policy measures are required to optimize its industry and stay competitive. It should make adjustment according to its vast resource base, human capital and prevalent economic features to bring about enormous structural changes in its industry.

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