Ayub Khan transformed Pakistani economy which was the envy of the third world and on par with the likes of South Korea.
Bhutto Nationalized many industries in his socialism drive and destroyed the economy.
What a shame. Pakistan ‘could have been somebody, it could have been contender’.
Re: Destroyed by Z.A Bhutto - the golden economic legacy left by Ayub Khan?
As usual context is important in these kind of discussions.
Firstly, yes ZAB did nationalise the government sector ..and did so in a very brutal fashion.
Secondly, Ayub Khan's economic legacy is very very disputable..the reason I say this is you can divide Pakistan's economic growth during his time in office between 1958-1965 and 1965-1969..
In the first half he had what most dictators in Pakistan have..massive US support, a weakened opposition and carte blanche over Pakistans decision making process by virtue of his total power. the end result was double digit but uneven growth.
In the second half he lost the US support and he started cracking down on opposition far more brutally ..acts which triggered a backlash.
Thirdly, how did the economy grow, wellthere was considerable development but it was a) prioritised towards defence b) uneven..there was a significant increase in across the board deprivation in East Pakistan during the boom period. Similarly in West Pakistan income disparities between the rich and the poor increased significantly..the supposed trickle down effect never happened. The reason was Ayub Khan wanted a constituency of his own in Pakistan. He did that by ensuring people who were on his good side got preferential treatment in terms of loans. This crony capitalism meant not everyone had equal access to loans and other things. That policy and the over concentration of banks and industry in karachi created a lot of resentment.
Unfortunately Ayub Khan did not have a constituency in Karachi either, as the middle class and working class urdu speakers were unhappy with him as well, he had downgraded Karachis importance and used state resources to prop up feudal favourites as well as his own family. So when he was ousted it was not just the PPP but virtually every major political party that won seats advocated some form of redistribution of wealth. The difference between ZAB and the rest was that he actually implemented that policy and did so in a heavy handed extreme way.
Re: Destroyed by Z.A Bhutto - the golden economic legacy left by Ayub Khan?
Well, the difference between Pakistan of today and Korea of today is leadership of Z A Bhutto. One (Pakistan) went on the course of nationalization, provincialism, political victimization, lawlessness, control of state over media, controlled development, reward on political and ethnic ground regardless of hard work and education (at one time during Bhutto rule, Governor of Sindh and thus Chancellor of Sindh Universities, was just matriculate), corruption and arrogance, etc, whereas other (Korea) kept the course that Pakistan and Korea, both were trying to follow in 60s, that is economical liberalization, nationalism, political tolerance, rule of law, liberalization of media, not controlled but facilitated development, reward to hard work and education, etc.
All the evils introduced during the time of Z A Bhutto, many of them are still there and it is taking Pakistan a lot of struggle to come out of that and thus today Pakistan is more divided and economically a third world Sh*t, whereas Korea is envy of developing world.
Re: Destroyed by Z.A Bhutto - the golden economic legacy left by Ayub Khan?
Well, the difference between Pakistan of today and Korea of today is leadership of Z A Bhutto. One (Pakistan) went on the course of nationalisation, provincialism, political victimisation, lawlessness, control of state over media, controlled development, reward on political and ethnic ground regardless of hard work and education (at one time, Governor of Sindh and thus Chancellor of Sindh Universities, was just matriculate), corruption and arrogance, etc, whereas other (Korea) kept the course that Pakistan and Korea, both were trying to follow in 60s, that is economical linearization, nationalism, political tolerance, rule of law, liberalisation of media, not controlled but facilitated development, reward to hard work and education, etc.
All the evils introduced during the time of Z A Bhutto, many of them are still there and it is taking Pakistan a lot of struggle to come out of that and thus today Pakistan is more divided and economically a third world Sh*t, whereas Korea is envy of developing world.
Absolutely, you hit the nail on the head.
Re: Destroyed by Z.A Bhutto - the golden economic legacy left by Ayub Khan?
^^ Thanks :)
When people talk about state did development before Bhutto or that Ayub was bias, they do not know that there were no political loans before 1971 (as all banks were in private hand). Well, there was only one bank in Pakistan until early 60s, Habib bank. Agha Hasan Aabdi, an employee of Habib Bank, with the finance of Saigol (businessman) Started UBL. Bhutto sacked Aabdi after nationalizing UBL and thus Aabdi started BCCI from outside Pakistan, that at one time was bigger bank than all Pakistani banks combined together, probably the biggest privately owned bank in the world (and bailed out Pakistan financially several time). Habib Bank was first Pakistani bank but that bank started in Bombay much before Pakistan came into being (I think in 1945).
Development of Pakistan was more an effort of people on forefront than government, as Some Muslims were committed to make Pakistan a successful story. Else, Pakistan was the most backward part of pre-Independence India. Pakistan was a country that had no more than couple of industrial units all over the country. There was not a single University anywhere in Pakistan except one in Lahore (University of Punjab). Karachi that has number of Universities today, had few graduate colleges, that’s all.
As for Pakistan resources, there was none if any and that is true even now. One should imagine that country like Sudan, Ethiopia, Afghanistan, Tanzania, Nigeria, Congo, Zaire and many other countries are 10s of time more resourceful than Pakistan. India that Pakistan likes to compete on per capita basis, have 10s of time more resources than Pakistan on per capita basis. India also has much better educated population than Pakistan and more unified.
Ayub did not interfered but facilitated those working hard, but Bhutto interfered badly and thus destroyed everything, bringing Pakistan back on clutches.
Re: Destroyed by Z.A Bhutto - the golden economic legacy left by Ayub Khan?
^ Saleem you should be happy because if Bhutto had not nationalised all those industries and quite wrongly in my opinion the current govt. would not have been able to sell them to their cronies for favorable prices. At least some, one is taking advantage of all the wrong policies of Bhutto even if it is not the poor masses of Pakistan.
Re: Destroyed by Z.A Bhutto - the golden economic legacy left by Ayub Khan?
yes, that is the only difference…what a joke 
Re: Destroyed by Z.A Bhutto - the golden economic legacy left by Ayub Khan?
Aalsi,
"at one time, Governor of Sindh and thus Chancellor of Sindh Universities, was just matriculate"
His name was Mir Ghulam Rasool Talpur, elected from Hyderabad, very popular in both Muhajir and Sindhi communities. He might be matriculate; he was decent far far better than your present governor Dr Ishratul-Ebad, terrorist, killer and corrupt, got welfare when in England, having fraud degree.
ZAB was hanged about three decades ago. He was PM for only 4 years. Zia took over and reversed what he had done. After lapse of almost 30 years, he is still to blame for others’ evils why? He was not perfect, others were/are worst. Just single out one person because he was Sindhi, shows the mentality of racist and prejudice.
Ayub Khan who came through back door with gun power is the pioneer of involving military and bureaucracy in to politics and corruption, rigged 1964 elections, started 1965 proxy war which ultimately became full war with India, destroyed the economy of the country, created Agar Tala case and Sheikh Mujib which ultimately resulted in breakup of country in 1971.
Bhaiyo kuch sharam karo. If Billy boy stop spreading misinformation others such as your self take over the job of misinformation and slander cell.
FARID
Re: Destroyed by Z.A Bhutto - the golden economic legacy left by Ayub Khan?
ZAB's incompetence and meglomania can only be compared to one man, with whom he was tragically, yet understanably obsessed and inspired...Hitler (as corroboratted by his own personal confidant Rafi Raza)...ZAB and Hitler both came through the same so called popular support, though Mujeeb can more legitimately claim this title...both were schizo and paranoid of the typical fashion, suspecting all kinds of consipiracies around them...both were vindictive and nefarious and they both despite having excellent resource and setup at their disposal took profoundly incompetent decisions after another that led to their respective countries incurring tremendous damage from which at least Pakistan still hasn't recovered...
Re: Destroyed by Z.A Bhutto - the golden economic legacy left by Ayub Khan?
^ Saleem you should be happy because if Bhutto had not nationalised all those industries and quite wrongly in my opinion the current govt. would not have been able to sell them to their cronies for favorable prices. At least some, one is taking advantage of all the wrong policies of Bhutto even if it is not the poor masses of Pakistan.
Wah ehsan bhai, kiya point nikaal kar lai ho...I guess I should be eternally thankful to Bush that he has not bombed my house despite having more then enough power, resources, impunity and belligerance to do so...
Re: Destroyed by Z.A Bhutto - the golden economic legacy left by Ayub Khan?
....... After lapse of almost 30 years, he is still to blame for others’ evils why? He was not perfect, others were/are worst. Just single out one person because he was Sindhi, shows the mentality of racist and prejudice. ..... Bhaiyo kuch sharam karo. If Billy boy stop spreading misinformation others such as your self take over the job of misinformation and slander cell.
FARID
What a farce thought that people in Karachi do not like Bhutto because he was Sindhi speaking: True that Z A Bhutto was Sindhi, but you cannot call him Sindhi speaking Sindhi, rather Muhajir Sindhi. His Father, Shahnawaz Bhutto, migrated from Sindh and was living in Junagarh, where he was made Prime Minister (dewan). Shanawaz Bhutto mostly lived outside Sindh, and most of Shanawaz Bhutto earning was from Junagarh. Z A Bhutto only took up Pakistani nationality in 1959 (surrendered his inherited Indian nationality), and thus it was in 1959 that he officially migrated from India to Pakistan. Z A Bhutto mother, wife of Shanawaz Bhutto was I think from Delhi (you can call her Urdu speaking). So, if anything, Z A Bhutto was 50 percent of Sindhi descent. What I know, Bhutto did not know much Sindhi (language) anyhow.
[Even if Bhutto was purely Sindhi Speaking Sindhi, it would have made no different for Karachiets, as today, most Muhajirs consider Sindhi speaking Sindhi same as them, as future of both are linked and associated with the future of Sindh].
As for BaiNazeer Bhutto, her mother is also Muhajir of Indian Iranian descent (from family of Ispahani). So, BB is only 25 percent of Sindhi speaking descent. As far as I know, she also could not speak Sindhi easily. As for Zardari, he is Sindhi speaking of Baloch descent.
Bhutto Children, Murtaza Bhutto married a Syrian; hence his children are only 12.5 percent of Sindhi speaking descent. Sana Bhutto married a Muhajir (from Junagarh), hence her children are only 12.5 percent Sindhi speaking Sindhi.
Ayub Khan was not Muhajir or from Karachi, was he? Rather, Ayub Khan was very much against people of Karachi, especially Muhajir, and it was during his time first ethnic riot occurred in Karachi, when Ayub Khan supporters, mostly Pathan, led by his son Gohar Ayub, led victory parade (in 1965), killing many Mujahir in Karachi. Bhutto never started any ethnic riot against people of Karachi, did he? Still, what happened economically during the time of Ayub Khan is appreciated by many, including Mujahirs (though as person, Ayub Khan may not be so popular).
So, why anyone would say anything about Bhutto claiming that he is Sindhi (when all Muhajir claim themselves as Sindhi and Altaf Hussain married Sindhi speaking girl)? In 1970 election people of Karachi gave Bhutto most votes, much more than any city of Pakistan. Bhutto party won 3 out of 7 Karachi seats in 1970. I believe that if Bhutto did not fu*ked up Pakistan economy and not alienated people of Karachi by his policies, Bhutto would have stayed one of the most popular persons in Karachi. So what? I believe that one should be neutral when judging a person and what that person did.
Re: Destroyed by Z.A Bhutto - the golden economic legacy left by Ayub Khan?
Pakistan's economy was booming in 1955-56. That was the year we had the 2nd fastest growth rate in Asia after Japan and we had the surplus balance of payment during that year which we never had afterwards. The economic boom seen during Ayub's era was due to the policies of the previous government.
When ZA Bhutto nationalized industr, that was the norm of the era as we saw natioanlization in UK as well.
Re: Destroyed by Z.A Bhutto - the golden economic legacy left by Ayub Khan?
When ZA Bhutto nationalized industr, that was the norm of the era as we saw natioanlization in UK as well.
Intetresting. Can you let me know which industries were nationalised in the UK during that period. I am here to learn. JazakAllah Khairan.
Re: Destroyed by Z.A Bhutto - the golden economic legacy left by Ayub Khan?
Dont know much about the Ayub economic erz, heard he was responsible for the green revolution in the country.. If it werent for him, we would be a real huge basket case, instead of the slight basket case we are today:)
Re: Destroyed by Z.A Bhutto - the golden economic legacy left by Ayub Khan?
Dont know much about the Ayub economic erz, heard he was responsible for the green revolution in the country.. If it werent for him, we would be a real huge basket case, instead of the slight basket case we are today:)
LOL
Re: Destroyed by Z.A Bhutto - the golden economic legacy left by Ayub Khan?
Ayub Khan transformed Pakistani economy which was the envy of the third world and on par with the likes of South Korea.
Bhutto Nationalized many industries in his socialism drive and destroyed the economy.
What a shame. Pakistan 'could have been somebody, it could have been contender'.
Any solid proof to solidify your claim?
Re: Destroyed by Z.A Bhutto - the golden economic legacy left by Ayub Khan?
^ Bhaijan, I am an Indian, what do I know. I am here to be educated by educated people like you. Can you hand on heart say that 70's was a glorious economic period for Pakistan and no industries were nationalised. :)
Re: Destroyed by Z.A Bhutto - the golden economic legacy left by Ayub Khan?
When did pakistan have a real glorious economic period? Of course all of us have our own opinions and they are just that...opinions. You cannot characterize them as facts. Bhutto was the best thing that ever happened to pakistan. He may not been popular among some groups, but he was able to accomplish things that none of these/those generals can even dream of.
Re: Destroyed by Z.A Bhutto - the golden economic legacy left by Ayub Khan?
kaleem, i think ppl just posted about the time pakistan coulda been a contender, u can look at Pakistan compared to the rest of the world and the region in terms of growth and all, and then see what happened just a few short years later.
Re: Destroyed by Z.A Bhutto - the golden economic legacy left by Ayub Khan?
he was able to accomplish things that none of these/those generals can even dream of.
like the creation of Bangla Desh.