Author: Luis ServenPublisher: World Bank Publications
ISBN:
Category : Investments
Languages : en
Pages : 47
Book Description
Private Investment and Macroeconomic Adjustment
Author: Luis ServenPublisher: World Bank Publications
ISBN:
Category : Investments
Languages : en
Pages : 47
Book Description
Striving for Growth After Adjustment
Author: Luis ServenPublisher: World Bank Publications
ISBN: 9780821324844
Category : Business & Economics
Languages : en
Pages : 304
Book Description
This book presents the results of about three years of work finished in early 1992 in the area of private investment and macroeconomic adjustment. Its purpose is to explore the macroeconomic determinants of investment and the causes and cures for the gap between maroeconomic adjustment and stabilization and the resumption of economic growth in developing countries, a gap that even today - 10 years after the debt crisis and the subsequent adjustment of the eighties - remains wide. This volume highlights the central role of capital formation (public and private) in the restoration of sustainable growth.
Private Investment Under Macroeconomic Adjustment in Morocco
Author: Klaus Schmidt-HebbelPublisher:
ISBN:
Category : Investering
Languages : en
Pages : 48
Book Description
Fiscal stabilization, a consistent foreign debt policy, more investment in public infrastructure, and a reform of investment codes would increase private investment and growth in Morocco. And reform of the financial sector, by making financial intermediation more efficient, could improve the quality of investment.
Understanding the Incestment Cycle in Adjustment Programs
Author: Publisher: World Bank Publications
ISBN:
Category :
Languages : ru
Pages : 48
Book Description
Macroecnomic Adjustment, Uncertainty and Domestic Private Investment in Selected African Countries
Author: Temitope Waheed OshikoyaPublisher:
ISBN:
Category : Africa
Languages : en
Pages : 32
Book Description
Modelling Macroeconomic Adjustment with Growth in Developing Economies
Author: Sushanta K. MallickPublisher: Routledge
ISBN: 0429834179
Category : Business & Economics
Languages : en
Pages : 200
Book Description
First published in 1999, this influential volume explores Macroeconomic Adjustment with a particular focus on India. Its inspiration originated from the introduction of stabilisation and structural adjustment policies in India in 1991. Mallick examines the application of this policy package by the International Monetary Fund and the World Bank to Developing Economies. First looking at the initial conditions and generators of imbalances, the appropriate policy framework for India’s initial conditions and structural characteristics is considered. While the effectiveness of the IMF had been strongly criticised, Mallick explains how it could be used more effectively. He argues that the programs applied are often contradictory and, using India as an example, examines the effects of policy reform on its trade sector, the repercussions on the direct economy and the costs associated with such policies in restoring stability and future economic growth, with particular support for the Vector Autoregression (VAR) framework. Mallick forwards a new structural model for policy purposes, evaluated for overall performance and optimal control.
Understanding the Investment Cycle in Adjustment Programs
Author: Andrés SolimanoPublisher: World Bank Publications
ISBN:
Category : Ajuste economico - Paises en desarrollo
Languages : en
Pages : 56
Book Description
Private investment often goes through three phases under adjustment programs: initial contraction (a period of one to two years), a long pause (for three to five Years), and sustained recovery. The length of the investment pause is longer for low-income countries, and the cycle of public investment is of greater amplitude than the cycle of private investment. The paper discusses the roles of macroeconomic restraint, coordination failures, value of waiting, and lack of supportive infrastructure in generating these cycles of investment.
The Macroeconomic Effects of Public Investment
Author: Mr.Abdul AbiadPublisher: International Monetary Fund
ISBN: 1484361555
Category : Business & Economics
Languages : en
Pages : 26
Book Description
This paper provides new evidence of the macroeconomic effects of public investment in advanced economies. Using public investment forecast errors to identify the causal effect of government investment in a sample of 17 OECD economies since 1985 and model simulations, the paper finds that increased public investment raises output, both in the short term and in the long term, crowds in private investment, and reduces unemployment. Several factors shape the macroeconomic effects of public investment. When there is economic slack and monetary accommodation, demand effects are stronger, and the public-debt-to-GDP ratio may actually decline. Public investment is also more effective in boosting output in countries with higher public investment efficiency and when it is financed by issuing debt.
How Private Investment Reacts to Changing Macroeconomic Conditions
Author: Andrés SolimanoPublisher:
ISBN:
Category : Inversiones privadas - Chile
Languages : en
Pages : 52
Book Description
Private investment in Chile has been rather modest and very volatile in the last decade. An empirical model of investment determination is set up to investigate the role of sharp cycles in economic activity, misalignments and realignments in key relative prices (including the real interest rate), changes in policy rules and external conditions in explaining the behavior of private investment in Chile.
Adjustment and Private Investment in Kenya
Author: Kazi M. MatinPublisher: World Bank Publications
ISBN:
Category : Ajuste economico - Kenya
Languages : en
Pages : 50
Book Description
