Suchergebnisse

In this paper, the authors revisit the nexus of financial development and FDI inflows in Chinese perspective, incorporating the vital role of institutional quality and other important variables in this paradigm. Using ARDL bound testing and VECM procedures, they establish causality by exploiting variations in financial development and FDI. To unmask the shortcomings in the previous literature, the authors use a composite index of financial development, recently developed by the IMF, since it provides a more fine-grained analysis. The results show that there is a long-run relationship between FDI and financial development. Bidirectional causality is confirmed by using VECM. The inclusion of control variables, e.g., institutional quality, transport infrastructure, per capita GDP, trade openness, domestic investment, natural resources rent, is robust in the analysis. The positive role of financial development in FDI inflows is of utmost importance for policymakers and the Chinese government. Several policy implications are given in this study.

Shanghai Cooperation Organisation has greater relevance in Afghanistan because of its strategic importance and geographic proximity. For years, the country has harboured numerous extremist groups and insurgents. It has remained a battleground for US-led coalition forces and the Taliban for about two decades. Despite efforts by the US and its allies, peace has yet to be restored in Afghanistan, and the responsibility now rests on regional countries. It is crucial for these states, especially Eurasian nations, to work together to stabilise the war-torn country and bring lasting peace to the region. Therefore, the study examines the push and pull factors of the Shanghai Cooperation Organisation's interests in Afghanistan and the challenges that come with implementing their peace plans. The data has been collected from various primary and secondary sources, including websites, newspapers and research articles. The paper also highlights two major concerns for the Shanghai Cooperation Organisation, the economic crisis in Afghanistan and the international recognition of the Taliban government.

Bibliography Entry
Khan, Hameed Ullah, Muhammad Farooq Shah and Muhammad Ilyas Khan. 2023. "Shanghai Cooperation Organisation and Afghanistan: Interests and Limitations." Margalla Papers 27 (1): 82-95.