This research investigates the impact of terrorism and the peace index on foreign direct investment (FDI) in South Asian countries, comprising eight economies. The study initially examines the individual effects of terrorism, GDP, inflation, population, and trade openness on FDI in the South Asian countries. Subsequently, it explores the influence of the peace index, GDP, inflation, population, and trade openness on FDI in the same economies. The data covers from 2011 to 2021. The panel-regression framework is employed as the primary technique for data analysis. Moreover, to examine the integration among the variables under consideration, Pedroni co-integration and FMOLS regression [...]

This study examines the effect of derivative usage on a firm's value in Pakistan. By the testing sample of 55 non-financial Pakistani firms from 2018 to 2022. This study aims to determine whether using derivatives increases and decreases company (firm) value. In multivariate tests, Tobin's Q was used as a proxy for firm value and found a positive relationship between firm value and hedging. On the other hand, there is little relation between the coefficients of hedging variables. Further, this study's test result shows. Thus, the impact of the study is consistent with MM theory. [...]

This study attempts to estimate the trade balance of Pakistan by developing a model that incorporates the three major approaches i.e., absorption, elasticities, and monetary for a time ranging from 1971 to 2021. Autoregressive Distributed lagged (ARDL) model is used to estimate the short-run and long-run response of GDP growth, broad money growth, and real effective exchange rate to trade balance. The results show that the real effective exchange rate is negatively related to the trade balance of Pakistan both in the long run and short run. This indicates that variation in the exchange rate does not improve the [...]

This study investigates the impact of IMF, State bank and FATF related announcements on the performance of PSX in Pakistan. As the investor are sensitive to the economics uncertainty and economic news. The barometers for stock market performance are KSE-100, KSE-30, and KMI-30 index returns for the period of approximately two business cycle ranges from 2013 to 2021 were taken. The analysis clearly shows that IMF announcements have an impact on the movement of KSE stocks. Because Pakistan is a highly leveraged country where the debt to GDP ratio is more than 80\% and above all, IMF is the main [...]

Nigeria's economy has been largely dependent on external borrowing, which has resulted in an increasing debt burden. Policymakers and economists have debated the influence of external debt on economic growth. Therefore, this study analyzed how external debt affects Nigeria's economic growth and explored the factors that determine external debt in the nation. The study utilizes an Ex Post Facto research design, and data from the Central Bank of Nigeria and the World Bank report from 1990 to 2020 was used. Vector error correction regression model, granger causality test, unit root and co-integration tests were employed for the analysis. Findings revealed [...]

The purpose of the paper is to examine the efficiency of the banking sector in the MENA region from 2006-2016. It considered both endogenous and exogenous factors, noting governance, macroeconomic, and political risk. A stochastic frontier analysis was initially applied without considering the exogenous factors. The macro-determinants factors were examined in the second stage by examining their impact on cost and profit efficiency. The findings of the investigation indicate that cost efficiency is negatively impacted by government effectiveness as reflected by bureaucratic quality, while inflation and government effectiveness positively affect cost efficiency. On the other hand, political stability and the [...]

This study spotlights the price fluctuations between risk-factors and portfolio returns which motivates the study to scrutinize multifactor asset pricing models in India and Pakistan equity markets during January 2003 to December 2022. The study sample included monthly data from 250 non-financial enrolled enterprises in each market. The data was evaluated using the time-series Ordinary Least Square regression estimate approach. We find that market-factor performs significant contribution independently though augmenting the liquidity-factor which resultantly enhances an insignificant and tenuous impact in Pakistan equity market while investment-factor shows insignificant contribution independently though augmenting the liquidity-factor which resultantly enhances the impact positively [...]

Pakistan has observed up to 80\% increase in energy consumption during last 2 decades. There has been a dramatic surge in the industrial growth rate since 9/11, when foreign aid flooded the national economy. As a result of the highest power demand in the country's history, brought on by rapid industrialization and economic growth, 2007 marked the year when Pakistan experienced its largest power shortfall. This paper investigates the relationship of financial development (FD), economic growth (GDP), exports (EXP) and industrial growth (IND) with energy consumption (EC) in Pakistan. ARDL ECM and Bound testing have been used for this investigation [...]

Credit creation is a vital concern for any financial institution such as commercial banks that are chasing lending rigorously. Therefore, with the massive prevalence of unsecured lending in the last decade specifically, following the financial liberalization of the 2000s banks are also equally suffering the phenomena of hazardous recovery. For instance, the study intends to investigate the impact of non-performing loans on bank performance conventional and Islamic as well. The results of the study indicate that non-performing loans harm the overall performance of banks. The study also concludes that concerning credit recovery conventional banks are working well as compared to [...]

The present work investigates the relationship among financial inclusion, modernization, and energy performance in SCO member countries during the years 2011-2021. PCA is used to create composite indexes of financial inclusion, modernization, and energy performance. We used panel regression models that are both reliable and heteroscedasticity-consistent to look at the relationship among variables. The findings indicate that financial inclusion (FI) and modernization along with the increased FDI all appear to contribute to the energy performance in the SCO member countries. However, per capita GDP has a negative impact on energy performance. These results are unbiased and consistent with the robust [...]