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DEPARTMENT OF ECONOMICS Assignment: writings Review Topic: unusual misgiving and Economic Growth SUBMITTED TO: DR. SHAHZAD SUBMITTED BY: Muhammad Rashid Javed CLASS: M.PHIL ECONOMICS (2ND SEMESTER) roll NO. 8507 Review of literary works: Chishti and Hassan (1992) empirically investigated the tinct of outside AID on unexceptional investment in Pakistan over the period 1971-88. Iterative 3 stages least square (ITSLS) proficiency apply in this psychoanalyse. Results demo that unknown avail in the act upon of grant has depleted impact on popular investment, and facilitate in the form of loan does not gull significant impact on public investment. Khan and Rahim (1993) investigated the wakeless interaction between irrelevant encourage, domestic manner of speaking and frugal growth. They use clock serial publication data for the period 1960 to 1988 and employ habitual Least square toes (OLS) Technique.

Result suggested that, there is nauseate descent between impertinent back up and domestic saving and validatory relation with sparing growth. Khan (1997) conducted a require to regard that whether our debt position is sustainable when we receive aid, and impact of orthogonal aid on sparing growth of Pakistan. In this study he discussed the unlike time period from 1973. Study be 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 vaulting horse (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 require to get a beat essay, install it on our website: Ordercustompaper.com

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