Journal de l'économie mondiale

Impact of Globalization and Foreign Direct Investment on Economic growth: Empirical evidences from Pakistan

Abstract

Sidra Liaqat Ali, Abdul Farooq and Syeda Shaista Gillani

Globalization and FDI an important input to future economic growth and in general they are regarded as a positive energy for improved quality of life, acceleration of economic growth, efficient allocation of resources and great productivity improvement. Whereas, anti-globalization site squabbled that it adds to poverty and leads to worsening in the distribution of incomes. Pakistan also embarked on a path towards liberalizing like many other developing countries, its trade and investment with the expectations that it will stimulate economic growth. This study examines the impact of globalization and FDI on economic growth in Pakistan using ARDL bound testing technique over the period 1980-2016.