Saturday, January 25, 2014

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DEPARTMENT OF ECONOMICS Assignment: Literature Review head: unusual fear and Economic Growth SUBMITTED TO: DR. SHAHZAD SUBMITTED BY: Muhammad Rashid Javed assort: M.PHIL ECONOMICS (2ND SEMESTER) straddle NO. 8507 Review of Literature: Chishti and Hassan (1992) through empirical observation investigated the collision of Foreign AID on ordinary enthronization in Pakistan everywhere the menses 1971-88. Iterative three stages least square (ITSLS) technique applied in this study. resolutions indicate that overseas avail in the form of grant has modest impact on earth investment, and maintenance in the form of impart does not collect significant impact on public inv estment. caravan inn and Rahim (1993) investigated the fundamental interaction between foreign aid, national saving and economic developing. They use time series information for the period 1960 to 1988 and applied habitual Least Square (OLS) Technique. Result suggested that, there is shun descent between foreign aid and domestic saving and validatory relation with economic growth. Khan (1997) conducted a study to regard that whether our debt position is sustainable when we draw aid, and impact of foreign aid on economic growth of Pakistan. In this study he discussed the unlike time period from 1973. correction found 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 series information is taken from 56 different countr ies. 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 small impact in the mien of poor economic...If you want to capture a full essay, install it on our website: BestEssayCheap.com

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