Do Remittance Outflow and Exchange Rate Wavering Distress Domestic Private Investment in ASEAN? A Conceptual Panel Cointegration

Authors

Khawaja Asif Mehmood Khawaja Asif Mehmood Corresponding author Email addresskhawjaasif@bzu.edu.pk Other articles by this author , Sallahuddin Hassan Sallahuddin Hassan Other articles by this author , Muhammad Zahir Faridi Muhammad Zahir Faridi Other articles by this author

https://doi.org/10.36923/jcmi.v1i1.449

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Abstract

The need for private investment is located in both developing and developed world economies. In this regard, Association of South East Asian Nations are always seen where the private investment is well hosted and is found to increase in ready course of time. However, the needs and requirements for private investment have changed drastically in the growing world of today where the race is to fetch economic growth and development at the back of sound and consistent flow of private investment. This research paper states the current scenario of private investment in the ASEAN and suggests for the tackle of its modules such as worker remittance and their outflow as well as exchange rate wavering to affect nature of private investment. Being conceptual in nature, empirical and theoretical views are highlighted together with the panel data analyses for conduction of regression results.

Article information

Keywords
Worker Remittance, Exchange Rate Wavering, Private Investment, ASEAN, Panel Cointegration
Section
Articles
Issue
Vol. 1 No. 1 (2020)
Submitted
October 12, 2022
Published
June 1, 2020
Corresponding author
Khawaja Asif Mehmood
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