This paper analyzes the effect of exchange rate volatility on the trade volume (Export) and the impact of REER on determinant of trade in Pakistan using timeseries data for the period 1981-2010. The result shows that REER is inversely impact on Export Volume of Pakistan. On otherside the Import...

Given contrasting evidence in the literature pertaining to the impact of Foreign Direct Investment on the host country’s economy, we take the case of Pakistan and test the said association for this nation. The data used for this study has spanned over the period of 1981 till 2010. Besides FDI,...

Given contrasting evidence in the literature pertaining to the impact of Foreign Direct Investment on the host country's economy, we take the case of Pakistan and test the said association for this nation. The data used for this study has spanned over the period of 1981 till 2010. Besides FDI,...

It is the 21st century; every state desires to develop itself more rapidly. After the Second World War in 1945, industrial, individual, and communication revolutions transformed the world into a global village. The internet, cyber space, and e-mail have compressed the world into a smaller...

This study discusses the current state of knowledge on the financial development and economic growth by reviewing the most decisive theoretical and empirical contributions. It is obvious that financial development is at least correlated with economic development and that a sound and refined...