A Study on FDI and Development on Pakistan as New Emerging Market: Policy Implications
0
조회
0
다운로드
1
인용
0
참고문헌
키워드
초록
Pakistan had aggressive to Foreign Direct Investment(FDI) as a source of the capital, technology and managerial skills needed for economic growth and development. The pakistan government should emphasize both export promotion policy and inward FDI to get the desired results of economic growth. The paper identifies the key role of trade and investment liberalization in Pakistan. This paper has suggested some of the factors essential for attracting FDI in Pakistan. The success of Pakistan in attracting FDI lies in an investment climate characterized by growing markets and increasingly favourable regulatory frameworks. More openness and deregulation to FDI are complementary to economic growth in Pakistan. This proposal of the paper to capture more inward FDI will bring about more economic prosperity for Pakistan.
Abstract
Pakistan had aggressive to Foreign Direct Investment(FDI) as a source of the capital, technology and managerial skills needed for economic growth and development. The pakistan government should emphasize both export promotion policy and inward FDI to get the desired results of economic growth. The paper identifies the key role of trade and investment liberalization in Pakistan. This paper has suggested some of the factors essential for attracting FDI in Pakistan. The success of Pakistan in attracting FDI lies in an investment climate characterized by growing markets and increasingly favourable regulatory frameworks. More openness and deregulation to FDI are complementary to economic growth in Pakistan. This proposal of the paper to capture more inward FDI will bring about more economic prosperity for Pakistan.
참고문헌 (21)
- Opportunities and Risks of Liberalizing Trade in Services in Pakistan, ICTSD Programme on Trade in Services and Sustainable Development, "Abid A. Burki", ~, pp.Issue Paper No.7 (2007)
- Balasubramanyam, V.N., "Foreign Direct Investment and Growth in EP and IS Countries", Economic Journal, 106(1), pp.92~105 (1996)
- Borensztein, Eduardo, "How Does Foreign Direct Investment Affect Economic Growth?", Journal of International Economics, 45(1), pp.115~135 (1998)
- Konan D., "Quantifying the Impact of Services Liberalization in a Developing Country", Journal of Development Economics, 81(1), pp.142~162 (2006)
- Murad Ali, "Korea-Pakistan Relations Grow Stronger", Korea times (2008)
- Noorbakhsh, F., "Human capital and FDI inflows to Developing Countries: New Empirical Evidence", World Development, 29, pp.1593~1610 (2001)
- Philippe Guitard, "New Business Opportunities in Pakistan, an investor’'s guidebook" (2004), European Union under the Asia-Invest programme
- Primo B., "The Impact of the Internationalization of Services on Developing Countries", Finance and Development, pp.34~37 (1996)
- Rodrik, D., "Trading in Illusions", Foreign Policy, pp.54~62 (2001)
- Services Capacity Report, "Saeed, F.", ~, pp.Project PAK (2005), 75[DOI]
- Schuler Phillips, "Tariff Rationalization Study. Islamic Republic of Pakistan" (2004), World Bank
- Shamshad Akhtar, "Pakistan-changing economic and social paradigm", BIS Review, 3 (2007)
- The Social Policy and Development Centre (SPDC), "Trade Liberalization, Growth and Poverty, Annual Review" (2005)
- United Nations Conference on Trade and Development (UNCTAD), "World Investment Report 1999" (1999)
- Wei, Shang-Jin, "Local Corruption and Global Capital Flows", Brookings Papers on Economic Activity, (2), pp.303~354 (2000)
- Wheeler, D., "International investment location decisions: the case of US firms", Journal of International Economics, 33, pp.57~76 (1992)
- "Atlas Investment Bank", ~
- "Economic Survey of Pakistan 2005-06", ~, pp.An Accountancy Publi
- "Economic Survey of Pakistan 2006-07", ~, pp.An Accountancy Publication
- "Federal Bureau of Statistics", ~
- "State Bank of Pakistan", ~
