Significance of Foreign Direct Investment in the Economic Developmentof Pakistan and Afghanistan
Khakan N and Rabia N*
Department of Accounting & Finance, University of Lahore, Islamabad Campus, Islamabad
- *Corresponding Author:
- Rabia N
Department of Accounting & Finance
University of Lahore, Islamabad
Tel: +92 42 111 865 865
E-mail: [email protected]
Received date: May 02, 2016; Accepted date: May 19, 2016; Published date: May 26, 2016
Citation: Khakan N, Rabia N (2016) Significance of Foreign Direct Investment in the Economic Development of Pakistan and Afghanistan. J Account Mark 5:176. doi: 10.4172/2168-9601.1000176
Copyright: © 2016 Khakan N, et al. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
The main objective of the study is to find out the impact of foreign direct investment on the economic development of central Asia, Afghanistan and Pakistan particular. For this research we have collected the data from the secondary source. The study was showing that the inflows of FDI are increasing in some countries. In 1992 the inflows of FDI of Pakistan was 258.43 US dollar, at that time the inflows of Afghanistan was nothing. In the year 2007 it was concluded that inflows of Pakistan was us $4374 million. During the 2007 the inflows level in Afghanistan was USD 289. In this paper it has concluded that the most profitable area power sector, telecom, education and information technology. Thus, our paper is trying to prove that FDI has main role for the development of welfare with the way of providing the welfare society. Therefore, the study is trying to suggest that for the enhancement of FDI government of Pakistan and Afghanistan need to remove the political instability and terrorism and should focus on the physical infrastructure.