A HAWK EYE ON SOCIO-ECONOMICAL DIMENSION’S FOR PAKISTAN UNDER THE SUNSHADE OF PAK CHINA ECONOMIC CORRIDOR
Abstract
Economy of the world has multidimensional views that have different projections but in the glance of socio-economic based, it shows many of the factors that play an important role for the economic growth that should be affected regional economy because regional economy has relevant interest of geo-based countries there are many of the indicators are available to show the socio economics status but main of them is FDI with the mainframe of economics of the society. The target of subjected research paper examines the effect the FDI with Pakistani economic growth GDP (Socio-Economic) with sunshade of China CPEC, this way in which a relevant inclusive growth contract which establishes economical, tactical connection among Pak-China but integrate with the other regions of Asia that might engage in recreation an important position humanizing tactical surroundings. In this paper, FDI secondary information followed that has an era of 2007 -2018 in which create effect extra consistent to examine the information how Beijing’s FDI is doing, in fact, speed up the Pakistani economics. In this paper instead of FDI main of the three additional variables trade openness in Pakistan, political Pakistani instability & violence/terrorism also a part of the subjected study to evaluate the socio economic factor for Pakistan & region as well. The method that has been used it is Least of the square process has practical to check the multidimensional consequence variables on GDP of Pakistani economy followed by socio-economics of Pakistan. In the subjected research paper, the conclusion that we got shows that FDI has positive significance effect on economic growth of Pakistan in terms of socio economics means (directly proportional) when the foreign direct investment FDI will increase in Pakistan than Socio-economic growth of Pakistan in the terms of gross domestic product GDP will also be increased especially under the sunshade of China-Pakistan Economic corridor. In a forecasted way, we can get a quick look predictable values in the terms of FDI the fiscal enlargement factor that our country be put in 1.25% -2.32% GDP from 2015 to 20-20 era as well.