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DEPARTMENT OF ECONOMICS Assignment: Literature Review melodic theme: unusual fear and Economic Growth SUBMITTED TO: DR. SHAHZAD SUBMITTED BY: Muhammad Rashid Javed course of action: M.PHIL ECONOMICS (2ND SEMESTER) straddle NO. 8507 Review of Literature: Chishti and Hassan (1992) empirically investigated the stir of Foreign AID on ordinary enthronization in Pakistan everywhere the stream 1971-88. Iterative three stages least(prenominal) square (ITSLS) technique applied in this study. provides indicate that unknown avail in the form of grant has modest impact on in the public eye(predicate) investment, and care in the form of add does not collect significant i mpact on public investment. khan and Rahim (1993) investigated the fundamental interaction between foreign aid, domestic saving and economic exploitation. 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 aim aid, and impact of foreign aid on economic growth of Pakistan. In this study he discussed the unlike time period fr om 1973. believe found that our debt situat! ion 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 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 junior-grade impact in the mien of poor economic...If you want to lead off a full essay, install it on our website: BestEssayCheap.com

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