Impacts of Imports, Exports and Foreign Direct Investment on the Gross

Domestic Product (GDP) Growth

LITERATURE REVIEW:
Atif (2013) the main objectives of this study are to know about the significance of exports in the
national economic development and to investigate empirically the impact of exports on
economic growth. For analysis secondary data ranging from 1985 to 2009, obtained from World
Development Indicator (various issues) and International Financial Statistics (various issues) are
used. To check the model and the significant of data collected the E-View 5 is used on the data
and OLS
8
technique have been used for empirically estimation of the impacts of exports on
economic growth. The growth rate of GDP has been used as dependent variable as the
representative of economic growth. The coefficients of all the other four statistically significant
coefficients are positive as they were expected. The impact of Foreign direct investment on
economic growth of Pakistan is less or not statistically significant. This shows that on average
Foreign direct investment has been not a problem in Pakistan during long run period under
study.



Impact of Globalization on Pakistan's Economy

LITERATURE REVIEW:
Naima () the objective of this paper is to help improve understanding of the effects Of the
gradual and selective approach to globalization in terms of trade, wages, Employment and social
progress in Pakistan. After this introductory section, the impact of globalization on growth rates
of output, foreign trade and investment, and the effect of these increase on unemployment in
Pakistan is discussed in section 2. An overview of labor market trends, income distribution and
education is presented in section 3. This paper has shown that the Pakistan's economic
performance since integration with the global economy can be characterized by a increase in
GDP growth rates, decline in import duties, an increase in FDI during the post 1988 decade, a
sharp increase in openness leading to a deteriorating balance of payments situation and
continued high levels of poverty and unemployment.















RELATIONSHIP OF EXCHANGE RATE WITH VARIOUS MACROS
ECONOMIC VARIABLES

LITERATURE REVIEW:
Rehman & Rehman () investigated some of the Past Literature on Exchange rate, its aim is to
provide that why Pakistani currency is more sensitive and devalue quickly in exchange with
other currency specially US dollar. This paper presents the empirical evidence on purchasing
power parity (PPP) for [Pakistan rupee vis-avis US dollar exchange rate. The findings of the
research suggest that effects of gross domestic product over exchange rate is high in nature,
the currency is devalue in exchange due to deficit GDP, and its impact is high on exchange
rate followed by other variables such as inflation rate which effects is also not negotiable,
Followed by interest rate and current account balances.





The Effect of Oil Price Innovations on the Dynamic Relationship between Current Account and
Exchange rate: Evidence from D-8 Countries

LITERATURE REVIEW:

Saira & Qurat-ul-ain () The research aims to assess the dynamic relationship between current
account and exchange rate and to analyze the effect of oil price innovations on their
relationship for D-8 countries. The research is the time series analysis and covers the time span
from 1981-2010. For achieving this objective Vector Auto regression (VAR) approach is
employed. For achieving the objective, VAR is run four times for each country with short run and
long run restrictions and with and without oil price innovation.