Impact of Foreign Aid on the Economic Growth of the Recipient Country: A Case Study of Pakistan

Developing countries often experience many economic complications such as sluggish growth in GDP, lower per capita GDP, poor balance of trade and lack of investment in the economy. Many developing and under-developed countries including Pakistan hence require funds in the form of Aid, Grant or Loans from developed nations, international financial institutions and consortiums. This paper investigates the effectiveness of foreign aid on economic growth of Pakistan approaching different economic indicators. It has been analyzed that foreign aid impacts economic performance of Pakistan through various channels of Investment and Government expenditures in short and long run while aid has a long run relationship with trade openness in Pakistan. Keywords: Foreign Aid, Economic Growt

EMPIRICAL INVESTIGATION OF PRIVATIZATION PROCESS IN PAKISTAN: EVIDENCE FROM STATISTICAL EXPERIENCE

Why privatization processes fall short to deliver expected result in Pakistan. To answer this question, current study aims is to examine the privatization process in the Pakistan. The privatization process is dividing into four sections, privatization policy, buyer selection in the privatization process, assets evaluation and the factors affecting the development after privatization. The main objective of the study is to see the influence of development after privatization on the relationship between privatization policy, buyer selection in the privatization process, assets Evaluation and Privatization process improvement. Detailed survey based on the structured questionnaire is enquired through random sampling technique. Structured Equation Model (SEM) has been used for making an analysis. The finding of the study concludes that development process privatization mediates the between privatization policy, buyer selection in the privatization process, assets Evaluation and Privatization process improvement.  The findings of the study advocate that the privatization policy, buyer selection process, assets evaluation methods must be in line with the objective of government and line ministry. This effort may help for getting the optimum level of result from privatization process

EMPIRICAL INVESTIGATION OF PRIVATIZATION PROCESS IN PAKISTAN: EVIDENCE FROM STATISTICAL EXPERIENCE

Why privatization processes fall short to deliver expected result in Pakistan. To answer this question, current study aims is to examine the privatization process in the Pakistan. The privatization process is dividing into four sections, privatization policy, buyer selection in the privatization process, assets evaluation and the factors affecting the development after privatization. The main objective of the study is to see the influence of development after privatization on the relationship between privatization policy, buyer selection in the privatization process, assets Evaluation and Privatization process improvement. Detailed survey based on the structured questionnaire is enquired through random sampling technique. Structured Equation Model (SEM) has been used for making an analysis. The finding of the study concludes that development process privatization mediates the between privatization policy, buyer selection in the privatization process, assets Evaluation and Privatization process improvement.  The findings of the study advocate that the privatization policy, buyer selection process, assets evaluation methods must be in line with the objective of government and line ministry. This effort may help for getting the optimum level of result from privatization process

Evaluation of conventional and industry 4.0 manufacturing work design factors for performance based on personal characteristics

Performance of workers can be improved by effective design of work. Several work design factors, physiological, psychological, technological, organizational and social, have been identified in research literature. These factors influence the work in different forms, especially in combination with personal characteristics of workers. Manufacturing technologies are also changing with adoption of industry 4.0 practices. The objective of the research was to test whether workers with different personal characteristics had different relationships with work design factors in the conventional setting. The findings for the current conventional setup are extrapolated on an industry 4.0 work design model with important insights and observations. Managerial implications were inferred from the results which indicated age, education and family size as important variables affecting supervision (Mea

Convective Heat Transfer Study of ZnO Nanofluids and a Comparison with the Conventional Coolant Water

In this era, the utilization of automobiles is increasing rapidly. So, it is a task for the automobile industries to yield well-ordered cooling system, which is actually responsible to carry waste heat of engine to atmosphere for effective working of an internal combustion engines. In this research, car radiator was tested by the water based Nano fluids to increase its heat transfer capacity and new experimental results were reported. Zinc Oxide nanofluids were prepared and tested by adding their nanoparticles in water with different volume fractions (0.1, 0.2, 0.3 and 0.4)%. Experimentally, effect of these concentrations were observed by varying a fluid flow rate from 4 liter per minute to 1 liter per minute and inlet temperature of fluid entering in radiator was kept constant at 80oC and enhancement in heat transfer was observed  from 46% to 70% by using ZnO Nano Fluid having volumetric concentration 0.2%. Increase in volumetric concentration had shown the enhancement of heat transfer but up to 0.2% and it was seen that further increase in concentration was been reduced the heat transfer capacity.

Sustainable Irrigation Management for Higher Yield

Sustainable irrigation is sensible application of watering to plants in agriculture, landscapes that aids in meeting current survival and welfare needs. Sustainable irrigation management can help with climate change adaptation, labor, energy savings, and the production of higher-value and yield of crops to achieve zero hunger in water-scarce world. To ensure equal access to water and environmental sustainability, investments in expanded and enhanced irrigation must be matched by improvements in water governance. Sustainable irrigation must be able to cope with water scarcity, and be resilient to other resource scarcities throughout time in context of energy and finance. The themes and SDGs related to clean water, water resources sustainability, sustainable water usage, agricultural and rural development are all intertwined in the concept of “sustainable irrigation for higher yield.” Sustainable irrigation management refers to the capability of using water in optimum quantity and quality on a local, regional, national, and global scale to meet the needs of humans and agro-ecosystems at present and in the future to sustain life, protect humans and biodiversity from natural and human-caused disasters which threaten life to exist. Resultantly higher yields will ensure food security