AGL40.03▲ 0.02 (0.00%)AIRLINK129.31▲ 2.31 (0.02%)BOP6.8▲ 0.11 (0.02%)CNERGY4.64▲ 0.13 (0.03%)DCL8.63▼ -0.01 (0.00%)DFML40.95▼ -0.09 (0.00%)DGKC85.74▲ 0.13 (0.00%)FCCL33▼ -0.11 (0.00%)FFBL66.53▲ 0.43 (0.01%)FFL11.46▼ -0.09 (-0.01%)HUBC110.58▼ -0.53 (0.00%)HUMNL14.63▼ -0.19 (-0.01%)KEL5.24▲ 0.07 (0.01%)KOSM8.11▲ 0.45 (0.06%)MLCF40.07▼ -0.14 (0.00%)NBP60.51▲ 0 (0.00%)OGDC195.47▲ 1.37 (0.01%)PAEL27.1▲ 0.38 (0.01%)PIBTL7.64▲ 0.27 (0.04%)PPL155.82▲ 2.03 (0.01%)PRL27.37▲ 1.16 (0.04%)PTC18.56▲ 1.38 (0.08%)SEARL85.1▼ -0.5 (-0.01%)TELE7.9▲ 0.33 (0.04%)TOMCL34.88▲ 0.49 (0.01%)TPLP9.22▲ 0.4 (0.05%)TREET16.81▼ -0.01 (0.00%)TRG62.86▲ 0.31 (0.00%)UNITY27.75▲ 0.46 (0.02%)WTL1.3▲ 0 (0.00%)

Mechanism required to work institutions within constitutional limit

Share
Tweet
WhatsApp
Share on Linkedin
[tta_listen_btn]

A mechanism is required to develop to limit all institutions to work in their constitutional jurisdiction, an agreement or consensus is suggested for all stakeholders of the country that the long term policies developed in one regime must be continued irrespective of any change in economics managers or policy makers, existing rules must focus on the economics performance and wellbeing of the citizens, which minimize political uncertainty, institutions and legal framework are developed for strict accountability for the people involved in corruption or mismanagement and an element creating disturbance, violence, or law and order situation must be discouraged. These recommendations have been made in a research paper on “Exploring the Relationship between Political Stability and Economic Growth: The case od Pakistan”, which has been written by Dr. Rizwan Ul Hassan and Mubashar Hussain of Mohammad Ali Jinnah University, Karachi. This paper has been published Universities’ first research journal, Jinnah Business and Economics Research Journal, recently. As per conclusion made in this paper, the study indicates there is an insignificant negative relationship between economic growth and political stability. This can be interpreted as there is no significant and robust relationship between economic growth and political stability. This can be interpreted as there is no significant and robust relationship between political stability and economic growth in Pakistan. The interpretation is supported by the history of Pakistan, where economic growth was very robust during highly volatile and unstable political environmental significant positive relationship exist between GDP and investment. The diagnostic test was also applied during this research work to test serial, correlation, normality and heteroscedasticity of the residuals. Research work results were consistent with result of research carried out in the world as well as Pakistan through minimal studies were performed in Pakistan. According to research scholar Dr. RizwanUl Hassan and Mubashar Hussain political stability has been remained an issue for Pakistan since its inception; consequently. Economic growth presents a marked fluctuation. In Pakistan research in this area is minimal. This study aims to reveal the nature of the relationship between them. The said that to carry out the research Solow-Swan growth model was applied and assumed that productivity enhance the environment of consistency and certainly of the ruling regime.

Related Posts

Get Alerts