Abstract
Abstract. The paper analyses Pakistan’s journey through 2008 to 2018 in establishing strong democratic precedence and rule of law that the analysis suggests is finally transforming into structural changes in the economy while further strengthening its institutional and macro- economic governance. With every new democratic government in place after completing its turn as mandated by constitution of Pakistan, in the last ten years the country has been addressing many challenges that have emerged as an aftermath of dictatorial rule of President Musharraf. Though President Musharraf remains to be an enlightened autocrat taking some important steps to strengthen the economy but his government witnessed a steep slide in social trust among people of Pakistan amid armed conflict in Afghanistan that took an ugly turn and affected Pakistani social and ethical fabric due to porous nature of Durand Line. Keywords. Economic thought, Transform governance, Pakistan. JEL. A12, B00, B40.
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