We make this study for the purpose of getting logical answer about a very famous matter regarding contribution of worker's remittance in the growth of the economy of Pakistan. We also include different variables to evaluate the exact effect of foreign exchange earnings in economic growth of Pakistan by using time series data for the duration of 1991 to 2010. Here we applied OLS multiple regressions model and also check the assumptions of OLS by different diagnostic tests. The empirical and quantitative results describe that foreign remittance are the famous mean of economic growth and have significant positive relationship with each other. The productive use of this paper can help the economy of Pakistan to maintain and improve the economic growth by investing this money into different long term and short term projects. Pakistan's Government should provide different incentives and lower down the cost of transactions to attract the overseas Pakistani emigrants that sent money through unofficial ways.

This empirical study's intent was to assess the role that remittances play in the economic growth and selfdevelopment of low-income country regions. The diverse results in previous studies necessitate using a proper methodological approach. Namely panel co-integration analysis allows gauging the long-run interactions among growth, remittances, and selfdevelopment. Having confirmed, via the augmented Dickey-Fuller (ADF) test, the dynamic equilibrium of the data, gleaned from 31 low-income countries over the 1991-2015 time period, the cointegration between economic growth and remittances was established through the Johansen panel test. Pertinent to heterogeneous cointegrated panels, the fully modified ordinary least squares (FMOLS) results show that remittances have a significant, positive effect on long-term economic growth. Besides, the study's empirical results also unconceal the significant, long-term effects of economic growth and remittances, facilitating self-development in low-income regions, in terms of finance, savings, trade, and labor-force participation, except that of household consumption. And an endogeneity test strongly suggests the need for policymaking towards obtaining maximum benefits from the increased inflows of remittances. Despite its limitations, the study offers pragmatic policymaking recommendations, along with future research directions.

The paper presents an application of Influence Nets (INs) in the field of financial informatics. Influence Nets have primarily been used in war games to model effects based operations but, as shown in this paper, they can prove to be equally useful in other domains requiring decision making under uncertain situations. The primary advantage of INs lies in their ability to acquire knowledge from subject matter experts in problem domains that rely heavily on experts' opinion. A sample case study from the fields of economics and finance is presented in this paper. The case study models the choices faced by a developing country to recover her economy which is going through a difficult phase due to global financial crisis, internal law and order situation and political instability.

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