Abstract
Poverty reduction is one of the greatest global challenge. So, the very first goal among the Millennium Development Goals (MDGs)
and Sustainable Development Goals (SDGs) is to eradicate poverty. Governance in political and economic institutions is directly
and strongly correlated with all strategies and measures to reduce poverty. However, this idea is not empirically tested especially in
case of sub-continent. Hence, first, this paper presents statistical analysis of this phenomenon in case of sub-continent and then
econometric analysis of link between governance and poverty reduction in case of Pakistan. Time series data from year 1984 to 2015
is used for econometric analysis. After checking stationary of variables, co-integration among variables, stabilities of econometric
model, ARDL technique is used for estimation. What follows is the conclusion that that governance is directly affecting the schemes
to reduce poverty. Moreover, the pragmatic recommendations for reduction in poverty are given in this paper
Muhammad Baber, Muhammad Nadeem Ayub Bhutta, Abid Rasheed. (2020) Empirical Analysis of Relationship between Poverty Reduction and Governance in Pakistan, Paradigms , Vol 14, Issue 1.
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