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extent of openness to trade in economic development of Pakistan for the period 1980-2012, by using Vector Auto Regressive … openness and domestic credit to private sector are positively effecting the Economic growth of Pakistan, while M2 has negative … impact on Economic growth of Pakistan. A two way causal relationship has been determined between trade openness and economic …
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Since the late 1990s, the United States has received large capital flows from developing countries and experienced a productivity growth slowdown. Motivated by these facts, we provide a model connecting international financial integration and global productivity growth. The key feature is that...
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