A Study of IbnKhaldun’s Discourses on Socio-Economic Development with Special Reference to Pakistan

Abstract

This research deals with the ups and downs in the socio-economic development of Pakistan in light of the economic theory of IbnKhaldun (1332-1406 AD). He evaluated dynamics and multidisciplinary approach that how the interconnected relationship of social and economic factors leads to ascend and descend the nations. His opinion, immorality, injustice and many other social evils are the indicators of unstable development, which caused fall of society. Like opinion of Khaldun, the researcher analysed number of factors which are responsible for rising and falling the socio-economic situations of Pakistan. Further, the consequences of the slow growth, poverty, lack of good governance, sectarianism and poor law and order situation have also pointed out. This paper focusses on those social, political and economic indicators which are directly or indirectly influence the rise and fall of socio-economic development in Pakistan. If Khaldun’s theory of economic development of nations applied, it will lead to the rise of society, because social and political stability is a good omen for development. This paper analysed the Khaldun’s economic model and compare it with socio-economic situation of Pakistan.