china has the lowest growth rate in gdp.
state which has lowest growth rate in gdp?
china
na
na
in an article, ""the curse of stagflation"", aziz posthumously blamed the second government of pakistan peoples party, and pointed out the failure of the planned economic system of benazir bhutto. in the eighth plan, benazir bhutto, assisted by her financial advisers at the finance ministry set target to achieve 6.9% for the gdp growth by 1995, but eventually the gdp growth rate lowered to 5.3% and ended up at 4.30%. the stagflation generally affected the industrial growth target which was aimed to achieve 7%, but "suffered a serious shortfall in its productivity and instead the industrial growth ends up at the 5.0%, with many industrial firms and factories were forced to closed down, adding to the ranks of the unemployed." the country's stock markets saw the sharpest fall in the history of the country, and its value of shares falls to 40.0%, with total loss of ₨.170 billion to national and foreign investors. constant economic pressure and failure of the planned economy led the dismissal from power of benazir bhutto in 1996 when she failed to materialize her and the relatively poor economic growth. by the 1996, the economic gdp growth had reached to 1.70% (lowest growth since 1970) and the rate of inflation had risen to 10.79% (highest since 1991).
periods of stagflation in pakistan