Contours Of Inequality: Examining Economic Disparity's Impact On Democratic Stability In Pakistan (1947-2023)

Abstract

This study delves into the intricate relationship between economic inequality and democratic stability in Pakistan, tracing its history from 1947 to 2023. It uses a qualitative research methodology and deductive reasoning to analyze the historical, political, and socio-economic dimensions that have shaped Pakistan's economic policies, political institutions, and societal structure. The research reveals the initial focus on an agrarian economy, followed by industrialization, and the challenges faced in balancing economic growth and resource distribution. It also highlights the socio-economic ramifications of policies focusing on specific sectors, leading to wealth concentration among elites and persistent rural poverty. The study also examines pivotal historical events, such as political upheavals, nationalization policies, and foreign interventions, and their impa[1]ct on economic trajectories and democratic institutions. The findings suggest a correlation between economic disparities and political discontent, highlighting the challenges faced by democratic governance due to entrenched economic inequalities, institutional weaknesses, and policy ambiguities. The study recommends inclusive economic policies, social welfare programs, and transparent governance to alleviate economic disparities and strengthen democratic stability.