Book Reviews : Lawrence J. White, Industrial Concentration and Economic Power in Pakistan. Princeton, N.J., Princeton University Press, 1975, pp. 212, $ 11.00
Abstract
Book ReviewsLawrence J. White, Industrial Concentration and Economic Power in Pakistan. Princeton, N.J., Princeton University Press, 1975, pp. 212, $ 11.00 SAGE Publications, Inc.1977DOI: 10.1177/002071527701800326 Rudi Volti The Claremont Colleges Claremont, Calif. (U.S.A.) The belief that the accumulation of capital is the key prerequisite for economic development has been a prevalent fixation of economists, and until recently little thought was given to the social and political correlates of capital growth. Countries such as Pakistan, which had exhibited a steady expansion of industrial production, could be taken as models for successful development. Events of recent years, however, have shown the general fallacy of this line of reasoning, and its inapplicability to Pakistan in particular. Although the agonies which attended the birth of Bangla Desh may not have been the direct result of Pakistan's pattern of economic growth, the civil war and the continued wretchedness of the great mass of the people on either side of the North Indian Plain serve to demonstrate the lack of real progress in the area's development. The reasons for this are of course complex, but White's study provides us with some important clues. Through a careful analysis of the industrial structure of Pakistan as