The paper examines the relationship among foreign aid, per capita GDP, energy consumption, foreign direct investment and carbon emissions in Pakistan. Autoregressive distributed lag (ARDL) bounds testing technique is used for empirically testing using annual data from 1972 to 2013. The study uses carbon dioxide emission (CO2) as an indicator of environment quality. The two components of foreign aid (foreign loans and foreign grants) are used to measure the environmental impact of foreign assistance in Pakistan. The study finds that energy consumption, per capita GDP and FDI contribute positively to raise the carbon emissions in the country. Furthermore, foreign loans and grants are also found significant contributors to the degradation of environmental quality in case of Pakistan. Similarly, the short run results of the model indicate that the signs of the coefficients are consistent with the long run estimates. On the basis of its findings, the study suggests that effective policies be followed for reducing (CO2) emissions along with regulating FDI-environment and per capita GDP-environment relationship
Media has become an important part of every society. However, the role of media differs from society to society. Media in Pakistan has also become an important pillar of State. Before 2000, Print media and electronic media were the key tools of information and communication. However, since 2000 media is enjoying liberty to express the reality and facts. In this regard, President Musharaf has played positive role to allow the freedom and liberty to media. Moreover, now social media is also playing significant role to provide access to all citizens to rest of world. Media plays significant role in the general elections of Pakistan. Media has the ability to affect the elections via giving more or less coverage to some specific candidates and parties. Therefore, during elections and after elections, media keep an eye on the policies and actions of ruling party. However, there should be consensus among different channels on sensitive issues especially related with the security of Pakistan like Civil-Military relations, role of army, centre-province relations, and terrorism, religious and ethnic issues. As media is a key tool to create harmony and peace in Pakistani society.
The study tests the validity of the environmental Kuznets curve (EKC) for SAARC countries by using closed and open economy Models. The Peroni Panel Cointegration technique along with FMOLS estimation techniques have been used for empirical analysis by using the data from 1972-2015. The long run and short run estimates of the closed economy model reveals positive and significant relationship between Per capita GDP, per capita GDP2 and the carbon emissions that deny the existence of EKC. The findings of open economy model signify that FDI not only helps to transfer cleaner technologies, but it enables the producers to use less pollutant technologies for the production purposes. Moreover, an increase in the forest area is helpful for reducing the carbon emissions. Finally, population density and energy consumption are proved significant contributors of carbon emissions. The study suggests that effective policies should be followed for reducing emissions, regulating FDI-environment and per capita GDP environment relationship.
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