SEARCH ARTICLE

40 Pages : 410-420

http://dx.doi.org/10.31703/gssr.2022(VII-II).40      10.31703/gssr.2022(VII-II).40      Published : Jun 2022

The Effects of Devaluation of Currency on Economic Growth: The Mediating Role of Remittances

    This study looks into how the devaluation of the Pakistani currency affected remittances (REM) and economic growth (EG) in Pakistan. The study also looks at how REM affects the link between the devaluation of the currency and the growth of the economy in Pakistan Over the course of 45 years, from 1972 to 2016. The study uses Autoregressive Distributive Lag Model (ARDL) for examining the relationship. This study uses sensitivity analysis and chooses among different econometric techniques, which take into account the endogeneity problem. The results show that remittances partially mediate the relationship between the devaluation of currency and economic growth.Moreover, a one unit rise in REM leads to a 0.47 unit decrease in EG.

    Devaluation, Remittances, Economic Growth, Autoregressive Distributed Lag Model (ARDL)
    (1) Naveed Ali
    Department of Economics & Development Studies, University of Swat, KP, Pakistan
    (2) Izhar Ul Hassan
    Government of Pakhtunkhwa Planning and Development Department, Peshawar, KP, Pakistan.
    (3) Abdul Wahab
    Qurtaba University of Science and Technology, Peshawar, KP, Pakistan

11 Pages : 100-112

http://dx.doi.org/10.31703/gssr.2024(IX-III).11      10.31703/gssr.2024(IX-III).11      Published : Sep 2024

English Linguistics in the Nexus of Economic Growth and Cultural Evolution

    This article investigates the profound role of English linguistics in shaping economic growth as well as cultural evolution in a world that is highly globalized. With the language ascending toward its status as a global lingua franca, it has greatly influenced international trade, labor mobility, and digital communication, thereby enhancing international economic integration. The economic benefits of knowing English include more competitive information technology and business process outsourcing industries in countries with higher proficiency levels, such as India and the Philippines. Also, there is the cultural dimension of advancing globalization that questions the internationalization of English, linguistic imperialism, and cultural homogenization. On the other hand, while several scholars have contended that the spread of English erodes linguistic diversity, others point out that English is also adaptive: local cultures combine English with native languages to create hybrid forms, including the renowned "Hinglish" and "Singlish."

    English Linguistics, Migration, Economic Growth, Cultural Evolution, Globalization, Linguistic Imperialism, Identity Formation, Human Capital Development, International Relations
    (1) Sadaf -
    MPhil Scholar, Department of English, Abdul Wali Khan University Mardan, KP, Pakistan.
    (2) Muhammad Zeeshan Naseer
    Lecturer, Department of Sociology, Government MAO Graduate College, Lahore, Pakistan.
    (3) Ahmad Sheraz
    M.Phil Scholar, School of International Relations, Minhaj University Lahore, Punjab Pakistan.

22 Pages : 241-252

http://dx.doi.org/10.31703/gssr.2024(IX-IV).22      10.31703/gssr.2024(IX-IV).22      Published : Dec 2024

Pakistan's Sustainability Quotient: Exploring the Nexus of Green Technology, Renewable Energy, and Ecological Footprint

    As a developing country, Pakistan is more dependent on conventional, non-friendly energy sources and technology that increases its ecological footprint and causes environmental degradation. The study's primary goal is to analyze the environmental issues by advocating renewable energy usage and green technological innovation in Pakistan. Using data from 1980 to 2021, the results based on the ARDL model confirm an Environment Kuznet Curve hypothesis in the long and short run. Further, the growing green technological innovation positively relates to improved environmental quality in Pakistan. Environmental quality and renewable energy consumption are also positively associated.

    Green Technology, Renewable Energy, Ecological Footprint, Economic Growth, Pakistan
    (1) Kashif Imran
    Associate Professor, Department of Economics, Institute of Business Management, Karachi, Sindh, Pakistan.
    (2) Ayesha Liaqat
    MS Scholar, Department of Economics, Institute of Business Management, Karachi, Sindh, Pakistan.

17 Pages : 216-224

http://dx.doi.org/10.31703/gssr.2025(X-II).17      10.31703/gssr.2025(X-II).17      Published : Jun 2025

China's Economic Footprint: Blessing or Curse for Angola and Sudan?

    This article explores the complexities of China's relations with African countries, especially Angola and Sudan. It explores the large investments that China has made in infrastructure, energy, and natural resource extraction, both the promise of economic growth and the attendant issues of sustainability, debt dependence, and indigenous capacity development. In Sudan, China's economic and military presence showcases the country's strategic interests in stabilizing the area but poses vital questions about governance and human rights. Similarly, Angola's reliance on Chinese loans for infrastructure development illustrates the merits of foreign investment, while the heavy debt burden threatens "debt-trap diplomacy." The research underlines the imperative for both countries to prioritize inclusive development, increase local labor employment, and ensure that investments underpin socio-economic resilience. Finally, the paper argues that mutual gains in Sino-African relations should manifest in tangible improvement of the local people, creating long-term development and economic self-reliance.

    China, Sudan, Angola, Sino-African Relations, Economic Growth, Investment, Infrastructure, Resource Extraction, Debt Dependency
    (1) Iman Fatima
    BS Scholar, Department of International Relations, Government College University Faisalabad, Punjab, Pakistan.
    (2) Imran Wakil
    Assistant Professor, Department of International Relations, Government College University Faisalabad, Punjab, Pakistan.
    (3) Bilal Bin Liaqat
    Assistant Professor, Department of International Relations, Government College University Faisalabad, Punjab, Pakistan.