Author: A. Chhibber
Publisher: Elsevier
ISBN: 1483291340
Category : Business & Economics
Languages : en
Pages : 256
Book Description
The aim of the research described in this volume is to examine the behavior of private domestic investment in a sample of seven developing economies: Chile, Colombia, Egypt, Indonesia, Morocco, Turkey, and Zimbabwe. The studies represent a first step toward understanding the investment process in developing countries and the scope for government policy to affect private capital formation. Such issues will become increasingly important in the future as more developing countries try to encourage private investment. Four key issues emerge in the analysis of the determinants of private investment and its role in adjustment programs in developing countries. The first is the impact of changes in the exchange rate; the second major concern is the existence of crowding out of private activity as a result of government borrowing in domestic financial markets through interest rates or quantity rationing. A third and related issue is whether government spending, particularly that on investment, "crowds in" or "crowds out" private capital formation. Fourth, the effects of uncertainty are important in determining the response of private agents to changes in the incentive structure.
Reviving Private Investment in Developing Countries
Author: A. Chhibber
Publisher: Elsevier
ISBN: 1483291340
Category : Business & Economics
Languages : en
Pages : 256
Book Description
The aim of the research described in this volume is to examine the behavior of private domestic investment in a sample of seven developing economies: Chile, Colombia, Egypt, Indonesia, Morocco, Turkey, and Zimbabwe. The studies represent a first step toward understanding the investment process in developing countries and the scope for government policy to affect private capital formation. Such issues will become increasingly important in the future as more developing countries try to encourage private investment. Four key issues emerge in the analysis of the determinants of private investment and its role in adjustment programs in developing countries. The first is the impact of changes in the exchange rate; the second major concern is the existence of crowding out of private activity as a result of government borrowing in domestic financial markets through interest rates or quantity rationing. A third and related issue is whether government spending, particularly that on investment, "crowds in" or "crowds out" private capital formation. Fourth, the effects of uncertainty are important in determining the response of private agents to changes in the incentive structure.
Publisher: Elsevier
ISBN: 1483291340
Category : Business & Economics
Languages : en
Pages : 256
Book Description
The aim of the research described in this volume is to examine the behavior of private domestic investment in a sample of seven developing economies: Chile, Colombia, Egypt, Indonesia, Morocco, Turkey, and Zimbabwe. The studies represent a first step toward understanding the investment process in developing countries and the scope for government policy to affect private capital formation. Such issues will become increasingly important in the future as more developing countries try to encourage private investment. Four key issues emerge in the analysis of the determinants of private investment and its role in adjustment programs in developing countries. The first is the impact of changes in the exchange rate; the second major concern is the existence of crowding out of private activity as a result of government borrowing in domestic financial markets through interest rates or quantity rationing. A third and related issue is whether government spending, particularly that on investment, "crowds in" or "crowds out" private capital formation. Fourth, the effects of uncertainty are important in determining the response of private agents to changes in the incentive structure.
Yes, Africa Can
Author: Punam Chuhan-Pole
Publisher: World Bank Publications
ISBN: 0821387456
Category : Business & Economics
Languages : en
Pages : 497
Book Description
Takes an in-depth look at twenty-six economic and social development successes in Sub-Saharan African countries, and addresses how these countries have overcome major developmental challenges.
Publisher: World Bank Publications
ISBN: 0821387456
Category : Business & Economics
Languages : en
Pages : 497
Book Description
Takes an in-depth look at twenty-six economic and social development successes in Sub-Saharan African countries, and addresses how these countries have overcome major developmental challenges.
Our Continent, Our Future
Author: P. Thandika Mkandawire
Publisher: IDRC
ISBN: 155250204X
Category : Political Science
Languages : en
Pages : 192
Book Description
Our Continent, Our Future presents the emerging African perspective on this complex issue. The authors use as background their own extensive experience and a collection of 30 individual studies, 25 of which were from African economists, to summarize this African perspective and articulate a path for the future. They underscore the need to be sensitive to each country's unique history and current condition. They argue for a broader policy agenda and for a much more active role for the state within what is largely a market economy. Finally, they stress that Africa must, and can, compete in an increasingly globalized world and, perhaps most importantly, that Africans must assume the leading role in defining the continent's development agenda.
Publisher: IDRC
ISBN: 155250204X
Category : Political Science
Languages : en
Pages : 192
Book Description
Our Continent, Our Future presents the emerging African perspective on this complex issue. The authors use as background their own extensive experience and a collection of 30 individual studies, 25 of which were from African economists, to summarize this African perspective and articulate a path for the future. They underscore the need to be sensitive to each country's unique history and current condition. They argue for a broader policy agenda and for a much more active role for the state within what is largely a market economy. Finally, they stress that Africa must, and can, compete in an increasingly globalized world and, perhaps most importantly, that Africans must assume the leading role in defining the continent's development agenda.
Sub-Saharan Africa
Author: World Bank
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 324
Book Description
3. Investing in people.
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 324
Book Description
3. Investing in people.
Industrializing Africa
Author: Makonnen Alemayehu
Publisher: Africa World Press
ISBN: 9780865436534
Category : Business & Economics
Languages : en
Pages : 548
Book Description
An introduction to the political, social, and economic conditions of the continent, which provides the reader with a background setting to the existing conditions today. Includes over 78 annexes which contain hard-to-find information relating to various economic aspects of the economy by country.
Publisher: Africa World Press
ISBN: 9780865436534
Category : Business & Economics
Languages : en
Pages : 548
Book Description
An introduction to the political, social, and economic conditions of the continent, which provides the reader with a background setting to the existing conditions today. Includes over 78 annexes which contain hard-to-find information relating to various economic aspects of the economy by country.
Renewing Development in Sub-Saharan Africa
Author: Deryke Belshaw
Publisher: Routledge
ISBN: 1134528531
Category : Political Science
Languages : en
Pages : 500
Book Description
Renewing Development in Sub-Saharan Africa reviews the debates and brings together specialist contributions, to provide a clear guide to the major complexities of African development. They lay the foundation for designing a range of individual country-specific policy-sets, in which the strategic components are prioritized according to each country's constraints and opportunities. The emphasis of the book is on the identification of effective strategies that will enable individual countries to most effectively exploit their growth opportunities and to meet poverty-reducing and other key equity objectives.
Publisher: Routledge
ISBN: 1134528531
Category : Political Science
Languages : en
Pages : 500
Book Description
Renewing Development in Sub-Saharan Africa reviews the debates and brings together specialist contributions, to provide a clear guide to the major complexities of African development. They lay the foundation for designing a range of individual country-specific policy-sets, in which the strategic components are prioritized according to each country's constraints and opportunities. The emphasis of the book is on the identification of effective strategies that will enable individual countries to most effectively exploit their growth opportunities and to meet poverty-reducing and other key equity objectives.
Governance and Private Investment in the Middle East and North Africa
Author: Ahmet Faruk Aysan
Publisher: World Bank Publications
ISBN: 0530161214
Category : Accountability
Languages : en
Pages : 65
Book Description
"This paper addresses the issue of the low level of private investment in the Middle East and North Africa (MENA) region, with special emphasis on the role of governance. Based on the existing literature, the authors categorize what types of governance institutions are more detrimental to entrepreneurial investments. They then estimate a simultaneous model of private investment and governance quality where economic policies concurrently explain both variables. The empirical results show that governance plays a significant role in private investment decisions. This result is particularly true in the case of "administrative quality" in the form of control of corruption, bureaucratic quality, investment-friendly profile of administration, and law and order, as well as for "political stability." Evidence in favor of "public accountability" seems, however, less robust. The estimations also stress that structural reforms-such as financial development and trade openness-and human development affect private investment decisions directly, and/or through their positive impact on governance. These findings bring new empirical evidence on the subject of private investment in the developing world and in MENA countries in particular. "--World Bank web site.
Publisher: World Bank Publications
ISBN: 0530161214
Category : Accountability
Languages : en
Pages : 65
Book Description
"This paper addresses the issue of the low level of private investment in the Middle East and North Africa (MENA) region, with special emphasis on the role of governance. Based on the existing literature, the authors categorize what types of governance institutions are more detrimental to entrepreneurial investments. They then estimate a simultaneous model of private investment and governance quality where economic policies concurrently explain both variables. The empirical results show that governance plays a significant role in private investment decisions. This result is particularly true in the case of "administrative quality" in the form of control of corruption, bureaucratic quality, investment-friendly profile of administration, and law and order, as well as for "political stability." Evidence in favor of "public accountability" seems, however, less robust. The estimations also stress that structural reforms-such as financial development and trade openness-and human development affect private investment decisions directly, and/or through their positive impact on governance. These findings bring new empirical evidence on the subject of private investment in the developing world and in MENA countries in particular. "--World Bank web site.
Banking in Africa: Delivering on Financial Inclusion, Supporting Financial Stability
Author: European Investment Bank
Publisher: European Investment Bank
ISBN: 9286138482
Category : Business & Economics
Languages : en
Pages : 277
Book Description
In its fourth edition, this report focuses on recent developments in Africa's banking sectors and the policy options for all stakeholders. The study of banking sectors across all African sub-regions includes the results of the EIB survey of banking groups operating in Africa. Three thematic chapters address challenges and opportunities for financing investment in Africa: Crowding out of private sector lending by public debt issuance The state of bank recovery and resolution laws in Africa Policy options on how to finance infrastructure development. The report finds that in many African banking markets, the last two years saw a pause in financial deepening. However, a rising share of banking groups report improving market conditions and plan a structural expansion of their operations in Africa and a continued push for new technologies.
Publisher: European Investment Bank
ISBN: 9286138482
Category : Business & Economics
Languages : en
Pages : 277
Book Description
In its fourth edition, this report focuses on recent developments in Africa's banking sectors and the policy options for all stakeholders. The study of banking sectors across all African sub-regions includes the results of the EIB survey of banking groups operating in Africa. Three thematic chapters address challenges and opportunities for financing investment in Africa: Crowding out of private sector lending by public debt issuance The state of bank recovery and resolution laws in Africa Policy options on how to finance infrastructure development. The report finds that in many African banking markets, the last two years saw a pause in financial deepening. However, a rising share of banking groups report improving market conditions and plan a structural expansion of their operations in Africa and a continued push for new technologies.
From Adjustment To Development In Africa
Author: Giovanni Andrea Cornia
Publisher: Springer
ISBN: 1349235962
Category : Social Science
Languages : en
Pages : 436
Book Description
This book considers the principal sources of agreement and disagreement among policymakers and analysts concerning the current economic problems of Sub-Saharan Africa. A distinguished collection of international and African authors, including economists from the IMF and the World Bank, as well as their critics, addresses the key policy issues in agriculture, trade, macroeconomic management, social issues, privatization, external capital flow, and political economy. An introductory interpretive essay searches for areas of consensus and identifies those of continuing controversy.
Publisher: Springer
ISBN: 1349235962
Category : Social Science
Languages : en
Pages : 436
Book Description
This book considers the principal sources of agreement and disagreement among policymakers and analysts concerning the current economic problems of Sub-Saharan Africa. A distinguished collection of international and African authors, including economists from the IMF and the World Bank, as well as their critics, addresses the key policy issues in agriculture, trade, macroeconomic management, social issues, privatization, external capital flow, and political economy. An introductory interpretive essay searches for areas of consensus and identifies those of continuing controversy.
Promoting Stability and Development in Africa
Author: Marta Martinelli
Publisher: Edizioni Nuova Cultura
ISBN: 8868125951
Category : Business & Economics
Languages : en
Pages : 208
Book Description
Africa is experiencing one of the greatest transformations of its history. Today’s Sub-Saharan Africa is still marked by enduring instability, mass migrations and crises, but at the same time it is also characterised by positive developments including economic growth and regional integration. This publication sheds light on these changes from three perspectives: economic policies and sustainable development; good governance and democracy; peace and security. Research in relevant regions in Sub-Saharan Africa and key countries (Ethiopia, Mozambique, Nigeria and South Africa) has been conducted by African and European experts with the aim of assessing the role of the private sector and determining the partner-ship opportunities that could potentially be developed with the public sector. A series of policy recommendations are offered to the European Union on how to tackle these opportunities in cooperation with old and new actors.
Publisher: Edizioni Nuova Cultura
ISBN: 8868125951
Category : Business & Economics
Languages : en
Pages : 208
Book Description
Africa is experiencing one of the greatest transformations of its history. Today’s Sub-Saharan Africa is still marked by enduring instability, mass migrations and crises, but at the same time it is also characterised by positive developments including economic growth and regional integration. This publication sheds light on these changes from three perspectives: economic policies and sustainable development; good governance and democracy; peace and security. Research in relevant regions in Sub-Saharan Africa and key countries (Ethiopia, Mozambique, Nigeria and South Africa) has been conducted by African and European experts with the aim of assessing the role of the private sector and determining the partner-ship opportunities that could potentially be developed with the public sector. A series of policy recommendations are offered to the European Union on how to tackle these opportunities in cooperation with old and new actors.