This study explores the adverse impacts of terrorism on the net Foreign Direct Investment (FDI) flows to Pakistan. Since 2003, terrorist violence has killed over 52,000 individuals in Pakistan. The unrelenting violence has substantially increased investment and security risks. This study uses...

Research into how remittances affect financial development of the remittance recipient countries has generated a great deal of interest. However, the outcome of these studies is far from being conclusive as there are increasing ambiguities and heterogeneity in terms of the remittances-financial...