... previous regimes leading to unfavorable and unprofitable economic policies that cause Pakistan's economy to backslide instead of improving. One of the major factors in depriving Pakistan of its economic stability was the succession of East Pakistan; Apart form the war expensed that it deprived us of a major source of inexpensive labor force and revenues. Time and again Pakistan has depended on the IMF and the World Bank ... 1947, the rupee was 3.31 to a dollar. Pakistan did not devalue in 1949 when other countries linked to the pound sterling followed the fate of the pound and devalued;...

• Word Count: 2476
• Approx Pages: 10
• Has Bibliography
• Grade Level: High School