Foreign Aid and Growth Nexus in Pakistan: The Role of Macroeconomic Policies
Published By: Pakistan Institute of Development Economics (PIDE) | Published Date: January, 01 , 2011Despite receiving large quantities of foreign aid, Pakistan, like many other developing countries, has remained stagnant and become more aid dependent. This grim reality has provoked a vigorous debate on the effectiveness of aid. This study examines the effectiveness of aid, focusing on the ongoing debate on the interactive effect of aid and policy on sustainable economic growth. The empirical analysis is based on the ARDL cointegration approach, using the data for the period 1960 to 2008.
Author(s): Muhammad Javid, Abdul Qayyum | Posted on: Feb 06, 2016 | Views() | Download (149)