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RELEVANCE OF FOREIGN DIRECT INVESTMENT FOR SUSTAINABLE DEVELOPMENT IN PAKISTAN |
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| รหัสดีโอไอ | |
| Creator | Ishtiaq Ahmad, Mussawar Hussain Bukhari , Muhammad Azhar, Shahbaz Ali Khan |
| Title | RELEVANCE OF FOREIGN DIRECT INVESTMENT FOR SUSTAINABLE DEVELOPMENT IN PAKISTAN |
| Contributor | - |
| Publisher | TuEngr Group |
| Publication Year | 2562 |
| Journal Title | International Transaction Journal of Engineering, Management, & Applied Sciences & Technologies |
| Journal Vol. | 10 |
| Journal No. | 18 |
| Page no. | 10A18J: 1-14 |
| Keyword | Sustainable development index (SDI), FDI, Environment, Social Sector Development, Time Series. |
| URL Website | http://tuengr.com/Vol10_18.html |
| Website title | ITJEMAST V10(18) 2019 @ TuEngr.com |
| ISSN | 2228-9860 |
| Abstract | This study aims to measure the sustainable development index (SDI) in Pakistan and to explore the role of foreign direct investment (FDI) for sustainable development (SD). For measuring SDI thirteen traditional indicators of SDI, are utilized. After normalizing each variable and considering its relationship with SD, the index is constructed by averaging. Then time series analysis from 1980-2016, is used to find out the relationship between FDI and SDI along with exploring strength of the relationship by decomposing SDI into major components of economic, social and environmental. The study concludes that SD in Pakistan is not impressive while showing stagnant and volatile performance. It is further observed that relevance of FDI is slightly optimistic not only with SD but also with its components. This study also highlights that FDI could only be positive if utilized under controlled atmosphere of pro-sustainable public policies and affirms prudent utilization of FDI for SD. |
