The purpose of this paper is to establish the extent to which Oman is capable of attracting more of the foreign direct investment (FDI) through dunning model instruments. The results of the analysis are determined using responses provided by the foreign companies concerning the features of Oman. Data used in the analysis were collected from 30 different foreign companies operating in Dhofar region of Oman using questionnaires. ANOVA test, Chi-square tests and Friedman's mean ranks were carried out to test the homogeneity and magnitude of the responses given by the respective companies. the findings of Effect size analysis indicate that Oman's system structure, Policy framework, provision of facilities and ease of access are strongly contributing in attracting FDI. However, Oman needs to focus on the improvement of business friendly environment and compassionate policy formation in favor of investors.
Inflation is one of the root causes of major economic problems in Pakistan. The report's focal purpose is to contribute to the literature of the evaluation of inflation flux root causes in small open Pakistan's economy structure. The whole set up relies on three statistical practices i.e., DSGE method, VAR Cointegration and VECM Model to ascertain the main determinants of inflation rate empirically. The DSGE model extracted from VAR finite-order representation which follow each of the five non-stationary exogenous state variables to explain the endogenous variable. This research work has incorporated variables such as: inflation rate, joblessness rate, currency quantity growth proportion, interest rate, labor output growing frequency and the output gap in Pakistan. The time series data from 1980 to 2018 is used. This manuscript provides well-rounded evidences for the existence of short-run & long-run co-movements between inflation rate and its regressors in a concise way. Findings suggest that revolution of financial policies is crucial to achieve price stability.
The present study was undertaken to estimate the efficacy of communicative language testing in the backdrop of Business ESP at a Pakistani university. To do that, we first administered a short questionnaire to 100 teachers teaching ESP courses at different universities in Pakistan. The questionnaire contained both the close-ended and open-ended questions. The results of the questionnaire gave rise to the need for developing a communicative language test. Hence, a 75-mark communicative language test, paying due regard to the prescribed text and grammar items in addition to the composition and aural-oral skills was prepared and administered to 35 business majors at a Pakistani university after validation by a panel of experts. Different rubrics for speaking and composition skills were developed after review of the relevant literature. The study makes a claim that due to the washback effect of testing, such a test might be a motivating factor for the students
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