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DEPARTMENT OF ECONOMICS Assignment: belles-lettres Review Topic: unusual misgiving and Economic Growth SUBMITTED TO: DR. SHAHZAD SUBMITTED BY: Muhammad Rashid Javed CLASS: M.PHIL ECONOMICS (2ND SEMESTER) twain NO. 8507 Review of books: Chishti and Hassan (1992) empirically investigated the stupor of hostile AID on common investment in Pakistan all over the period 1971-88. Iterative one-third stages least square (ITSLS) proficiency employ in this get hold of. Results depute that overseas avail in the diversity of grant has depleted impact on unrestricted investment, and supporter in the form of loan does not cod significant impact on public investment. Khan and Rahim (1993) investigated the unplumbed interaction between distant assist, domestic conservation and sparing growth. They use cadence serial publication data for the period 1960 to 1988 and use habitual Least agora (OLS) Technique.

Result suggested that, there is toss away descent between international financial aid and domestic saving and validatory relation with sparing growth. Khan (1997) conducted a story to regard that whether our debt position is sustainable when we receive aid, and impact of outside aid on frugal growth of Pakistan. In this study he discussed the unlike time period from 1973. Study fix 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 clam (2000) investigated the interaction between foreign aid, economic policies and growth. Time series 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 need to get a unspoilt essay, install it on our website: Orderessay

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