Impact of Foreign Direct Investment and Workeras Remittances on Balance of Payment: a Case Study of Pakistan

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Dr. Syed Atif Ali
Dr. Syed Atif Ali
σ
Dr. Shahid A Zia
Dr. Shahid A Zia
ρ
Amir Razi
Amir Razi
α to ρ University of Lahore

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Impact of Foreign Direct Investment and Workeras Remittances on Balance of Payment: a Case Study of Pakistan

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Abstract

A record of all transactions made between one particular country and all other countries during a specified period of time is known as Balance of Payment (BOP). There are many factors that determine the position of balance of payments in the country either it is surplus or deficit. This study analyzes the statistical data of BOP of Pakistan from 1986 to 2010 and is an attempt to find out possible reasons for adverse BOP of Pakistan since its creation. The analysis shows that out of eight variables only two variables proved to be statistically significant namely foreign direct investment inflows and worker’s remittances. However the impact of these variables on BOP turned out to be negative.

References

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Dr. Syed Atif Ali. 1970. \u201cImpact of Foreign Direct Investment and Workeras Remittances on Balance of Payment: a Case Study of Pakistan\u201d. Unknown Journal GJMBR Volume 12 (GJMBR Volume 12 Issue 22): .

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GJMBR Volume 12 Issue 22
Pg. 51- 56
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December 22, 2012

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A record of all transactions made between one particular country and all other countries during a specified period of time is known as Balance of Payment (BOP). There are many factors that determine the position of balance of payments in the country either it is surplus or deficit. This study analyzes the statistical data of BOP of Pakistan from 1986 to 2010 and is an attempt to find out possible reasons for adverse BOP of Pakistan since its creation. The analysis shows that out of eight variables only two variables proved to be statistically significant namely foreign direct investment inflows and worker’s remittances. However the impact of these variables on BOP turned out to be negative.

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Impact of Foreign Direct Investment and Workeras Remittances on Balance of Payment: a Case Study of Pakistan

Dr. Syed Atif Ali
Dr. Syed Atif Ali <p>University of Lahore</p>
Dr. Shahid A Zia
Dr. Shahid A Zia
Amir Razi
Amir Razi <p>University of Lahore</p>

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