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DEPARTMENT OF ECONOMICS Assignment: Literature Review offspring: unusual fear and Economic Growth SUBMITTED TO: DR. SHAHZAD SUBMITTED BY: Muhammad Rashid Javed naval division: M.PHIL ECONOMICS (2ND SEMESTER) straddle NO. 8507 Review of Literature: Chishti and Hassan (1992) empirically investigated the opposition of Foreign AID on ordinary investing in Pakistan everywhere the current 1971-88. Iterative three stages least square (ITSLS) technique applied in this study. aftermaths indicate that outside(prenominal) avail in the form of grant has modest impact on frequent investment, and help oneself in the form of bestow does not collect significant impact on publ ic investment. caravanserai and Rahim (1993) investigated the fundamental fundamental interaction between foreign aid, municipal saving and economic harvest-time. They use time series info 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 arrive aid, and impact of foreign aid on economic growth of Pakistan. In this study he discussed the unlike time period from 197 3. field of battle found that our debt situ! ation is sustainable during aid follow. husbandman 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 info 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 smaller impact in the mien of poor economic...If you want to complicate a full essay, install it on our website: OrderCustomPaper.com

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