The Impact of FDI on Economic Growth under Foreign Trade Regimes: A Case Study of Pakistan

Zeshan Atique, Mohsin Ahmad and Usman Azhar
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Zeshan Atique: University of Karachi, Karachi.
Usman Azhar: Balochistan University of Information Technology and Management Sciences, Quetta.

The Pakistan Development Review, 2004, vol. 43, issue 4, 707-718

Abstract: FDI has been one of the defining features of the world economy over the past two decades. It has grown at an unprecedented pace for more than a decade. Liberalisation of the foreign trade regime is an integral part of growth of FDI. This paper investigates the trade policy regime followed by Pakistan that has influenced significantly both the amount of inward FDI received and economic growth. Our findings maintain that the Bhagwati Hypothesis Emphasis on both export promotion policy and inward FDI on the part of the government can get the desired result of economic growth.

Keywords: Foreign Investment; Economic Growth; Trade; Pakistan (search for similar items in EconPapers)
JEL-codes: F43 G11 (search for similar items in EconPapers)
Date: 2004
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Citations: View citations in EconPapers (20)

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