Balochistan Economy as Potential Crisis Frontier of Pakistan?

Abstract

The studies aim to highlight the potential of Balochistan economy in becoming the crisis frontier of Pakistan. A crisis is the composition of a complex process that results in harming all the stakeholders. Pakistani economy majorly relies on agriculture along with the industry and services. The provincial contribution into the national economy (According to the Institute for Policy Reforms –IPR 2015) has given as Punjab contributes 54.1% to the Gross Domestic Production (GDP); Sindh 30%; Khyber Pakhtunkhwa 13% while Balochistan contribute 2.9% to the national GDP. Balochistan’s current share in the national economy is very low but Balochistan’s geography and locality could prove to be the main economic resource for the province as well as the country and has all the potential in rising above the other provinces. Balochistan encompasses almost half of the land of Pakistan while the population is less than ten percent of the total population of the country. Balochistan’s strategic location with a diversity of climate and all the ecological zones along with the untapped natural and strategic mineral resources, fisheries and vast deep-sea coastal land, indicates that the province’s economic development could be raised by paying attention to its geographical and demographic peculiarities. Balochistan’s landscape makes it a supreme location for the development of roads, railways, and pipelines to link the Middle East, Central and South Asia. To further elevate the development of Balochistan, the construction of the deep-water port at Gwadar has exponential potential by bringing globalization to the region. Keywords: Balochistan, Economy, Natural Resources, Future, CPEC, Copper, Metal, Vast Lands, Deep Sea Port, Warm Waters.