- Pakistan
To meet the developmental goals and fulfill the domestic labor demand of Saudi Arabia, more than 9.5 million skilled, semi-skilled and highly skilled workers from across the world are imported. After the United States of America (USA), it... more
To meet the developmental goals and fulfill the domestic labor demand of Saudi Arabia, more than 9.5 million skilled, semi-skilled and highly skilled workers from across the world are imported. After the United States of America (USA), it is the second-largest which is responsible for the larger outflow of remittances. This study is an empirical investigation to explore the impact of remittances outflow on the economic growth activity of Saudi Arabia. Furthermore, it also tests whether this outflow causes inflation in the Saudi economy. For the sack of empirical investigation, this study utilized annual time series data ranging from 1970 to 2017. Before estimating the shortrun and long-run estimates by the application of the AutoRegressive Distributed Lag (ARDL) method, time-series properties of data are explored using the Augmented Dicky Fuller (ADF) test.
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Abstract: Traditionally poverty has been understood only as 'lack of income'. However, with the passage of time it was realized that poverty is a complex and multidimensional phenomenon. Mahboob-ul-Haq (1973) and Sen (1975) argued that... more
Abstract: Traditionally poverty has been understood only as 'lack of income'. However, with the passage of time it was realized that poverty is a complex and multidimensional phenomenon. Mahboob-ul-Haq (1973) and Sen (1975) argued that development is about enlarging human capabilities, rather than only acquisition of wealth. The purpose of this research is to argue that poverty being multidimensional in nature, cannot be properly measured by unidimensional (income or calorie based) poverty measures.