The Impact of Domestic Public and Private Investment on Economic Growth in Namibia PDF Download
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Author: Festus Tangeni Kandenge
Publisher:
ISBN:
Category :
Languages : en
Pages : 54
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Book Description
Author: Festus Tangeni Kandenge
Publisher:
ISBN:
Category :
Languages : en
Pages : 54
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Book Description
Author: John Ashipala
Publisher:
ISBN:
Category : Namibia
Languages : en
Pages : 76
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Book Description
Author: Festus Tangeni Kandenge
Publisher:
ISBN:
Category :
Languages : en
Pages : 30
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Book Description
Using the framework of an endogenous growth model, this study analyzes the impact of public and private investment on economic growth for Namibia over the 1970-2005 periods. The cointegration and error correction modeling approaches have been applied. The results suggest that both public and private investment, exports, imports, economic freedom, labor and human capital significantly and positively impact short and long term economic growth. In contrast, terms of trade and real exchange rate, on the other hand, are found to have a negative effect on short and long-term economic growth. The short-term dynamic behavior of this relationship has been investigated by estimating an error correction model in which the error correction term has been found to be statistically significant and with correct sign.
Author: Hoster Bebi
Publisher:
ISBN:
Category : Budget deficits
Languages : en
Pages : 32
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Book Description
Author:
Publisher:
ISBN:
Category : Investments
Languages : en
Pages : 164
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Book Description
Author: Hilary Devine
Publisher: International Monetary Fund
ISBN: 1513571567
Category : Business & Economics
Languages : en
Pages : 161
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Book Description
The Covid-19 pandemic has aggravated the tension between large development needs in infrastructure and scarce public resources. To alleviate this tension and promote a strong and job-rich recovery from the crisis, Africa needs to mobilize more financing from and to the private sector.
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
ISBN: 1513513907
Category : Business & Economics
Languages : en
Pages : 106
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Book Description
This 2019 Article IV Consultation with Namibia discusses that with the temporary stimuli now ended, the economy is rebalancing while the government is implementing a significant fiscal consolidation. A likely slow recovery, the need for further fiscal adjustment to bring public debt to a sustainable path, persistent inequalities and structural impediments to growth, point to a challenging outlook. Immediate measures are needed to deliver the authorities’ fiscal adjustment plans and bring public debt to a sustainable path. Policies should combine spending reductions and revenue increases that support long-term growth. Better targeting of cash transfers would protect the poor. Structural reforms are urgently needed to strengthen productivity and external competitiveness and boost long-term growth. Reforms should streamline business regulations, contain public sector wage dynamics, and reduce costs of key production inputs. Over time, it is important to remove non-tariff barriers to exports, foster the adoption of new technologies, and address shortages of skilled workers.
Author: J. E. O. Odada
Publisher:
ISBN:
Category : Namibia
Languages : en
Pages : 60
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Book Description
Author: Hashali Fillemon
Publisher:
ISBN:
Category :
Languages : en
Pages : 11
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Book Description
The thrust of this study was to investigate and analyses the impact of high and growing government external debt on the economic growth of Namibia by using secondary data from Bank of Namibia, IMF and World Bank. Over the first five years the country went through one of the longest and largest boom periods, thereafter the bottom fell out, and it's now clear with the strongest and most sustained growth levels seen since independence, thereafter the bottom fell out, and as is now clear, much of this growth was driven by debt, both public and private. This result indicates that for Namibia, external borrowing has had an influence on the country's Gross Domestic Product (GDP). In this regard, effective debt management policies and strategies aimed at reducing the cost and risks associated with external debt are a must for ensuring a sustainable path of external debt to promote economic growth.
Author: International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
ISBN: 9781451828450
Category :
Languages : en
Pages : 90
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Book Description
The recent uptrend in Namibia's current account surplus reflects an increase in public and private savings. Tighter domestic investment rules will not reduce capital outflows. The phasing and macroeconomic impact of regulatory changes requires careful scrutiny. Market-based incentives for investment repatriation are attractive. Namibia's non-renewable natural resource sector is a significant contributor to Namibia's economy and it is important to continue management of its mineral resources wisely. Faster growth in low-skill job opportunities and more flexible labor market institutions will help tackle unemployment in the short-term.
