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DEPARTMENT OF ECONOMICS Assignment: belles-lettres Review Topic: unusual attention and Economic Growth SUBMITTED TO: DR. SHAHZAD SUBMITTED BY: Muhammad Rashid Javed CLASS: M.PHIL ECONOMICS (2ND SEMESTER) browse NO. 8507 Review of books: Chishti and Hassan (1992) empirically investigated the furbish up of distant AID on common investment in Pakistan over the period 1971-88. Iterative lead stages least square (ITSLS) technique utilize in this assume. Results place that international avail in the hold of grant has mild impact on unexclusive investment, and incite in the form of loan does not bespeak significant impact on public investment. Khan and Rahim (1993) investigated the important interaction between irrelevant economic tending, domestic economy and stinting growth. They use eon serial data for the period 1960 to 1988 and use habitual Least panoptic-blooded (OLS) Technique.

Result suggested that, there is shun descent between unknown aid and domestic saving and validatory relation with stinting growth. Khan (1997) conducted a count to regard that whether our debt position is sustainable when we receive aid, and impact of foreign aid on economical growth of Pakistan. In this study he discussed the unlike time period from 1973. Study tack that our debt situation is sustainable during aid follow. Granger test shows that aid has negative impact on GDP. Study suggested that Pakistan should rely on their knowledgeable resources. Burnside and dollar (2000) investigated the interaction between foreign aid, economic policies and growth. Time serial data is taken from 56 different countries. OLS and 2SLS technique applied in this study. Result shows that aid has a positive impact on growth in evolution countries with good macroeconomic policies and little impact in the mien of poor economic...If you fatality to get a full essay, install it on our website: Ordercustompaper.com

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