COVID-19: Exacerbating Pakistan's economic problems – a critical analysis using the dependency paradigm

Abstract

Pandemics have been a recurrent phenomenon throughout the course of history. However, the levels of fear and hysteria brought by the COVID-19 outbreak, forcing regimes across the globe to impose stringent lockdowns, had never been witnessed before. While these lockdowns proved beneficial in reducing both the infection and mortality rate, they created an impossible environment for governments across the globe to effectively and efficiently govern, which in turn gave birth to numerous economic challenges, especially in developing countries like Pakistan. In Pakistan, where the common person was already finding it very difficult to makes ends meet, the pandemic incurred tremendous economic hardships like unemployment, poverty and decline in per capita income. Consequently, Pakistan's economy struggled as it experienced a negative economic growth rate, inflation and a significant reduction in exports. As a by-product of the economic crunch, the flawed Pakistani governance system came under the spotlight, as it found itself struggling to tackle the day-by-day worsening situation. Strikingly, due to the infamous longstanding province–centre rift, Pakistan was neither able to promulgate an effective unified lockdown strategy nor to provide basic necessities to its citizens. This article analyses the governance and economic problems faced by Pakistan due to the COVID-19 outbreak from the prism of the dependency paradigm, which highlights the exploitative nature of developed–developing/underdeveloped states. Also, it provides policy prescriptions to strengthen Pakistan's economic system to deter future pandemics.