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Globalization hampers the growth level of the countries, then this raising growth rate
helps to improve the living standard and reduce inequalities among the masses, that
finally downgrade the poverty level of the nations, is the way that global institutions
favor it. The debate on rightness of the measures taken for globalization to the socioeconomic development of emerging economies is prolonged and still controversial too.
This paper attempts to address the impacts of measures taken for globalization (trade
liberalization)specially with reference to its benefits and harms associated to growth
and poverty alleviation in Pakistan. In order to examine the effects of trade
liberalization on output growth and poverty, Toda-Yamamoto Granger causality is used,
by taking data of last 30 years i.e. 1985 to 2015. The empirical findings and review of
literature done in the study is consistent with the judgment of prior studies as
concluding the hybrid type effects of globalization to the socio-economic conditions i.e.
growth and poverty, of Pakistan.
Rummana Zaheer, Saman Hussain. (2017) GLOBALIZATION, GROWTH & POVERTY ALLEVIATION IN PAKISTAN, Journal of Social Science and Humanities, Volume 56, Issue 1 .
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