Download or read book Investment Capital Accumulation and Growth written by Mr.Christian H. Beddies and published by International Monetary Fund. This book was released on 1999-08-01 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper considers the potential variables that have determined economic growth in The Gambia during 1964–98. The results indicate that The Gambia’s aggregate production function exhibits increasing returns to scale, thus supporting the endogenous growth-type model. The impact of private investment—and thus private capital accumulation—on output is large and significant. Furthermore, increases in public investment boost output substantially. Finally, the effects associated with human capital accumulation are positive and statistically significant. The paper also estimates a series on total factor productivity growth that indicates that The Gambia was able to use its resources more efficiently.
Download or read book Investment Capital Accumulation and Growth Some Evidence from the Gambia 1964 98 written by Christian Beddies and published by . This book was released on 2006 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper considers the potential variables that have determined economic growth in The Gambia during 1964-98. The results indicate that The Gambia`s aggregate production function exhibits increasing returns to scale, thus supporting the endogenous growth-type model. The impact of private investment and thus private capital accumulation on output is large and significant. Furthermore, increases in public investment boost output substantially. Finally, the effects associated with human capital accumulation are positive and statistically significant. The paper also estimates a series on total factor productivity growth that indicates that The Gambia was able to use its resources more efficiently.
Download or read book Investment Capital Accumulation and Growth written by Mr. Christian H. Beddies and published by International Monetary Fund. This book was released on 1999-08-01 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper considers the potential variables that have determined economic growth in The Gambia during 1964–98. The results indicate that The Gambia’s aggregate production function exhibits increasing returns to scale, thus supporting the endogenous growth-type model. The impact of private investment—and thus private capital accumulation—on output is large and significant. Furthermore, increases in public investment boost output substantially. Finally, the effects associated with human capital accumulation are positive and statistically significant. The paper also estimates a series on total factor productivity growth that indicates that The Gambia was able to use its resources more efficiently.
Download or read book Investiment Capital Accumulation and Growth Some Evidence from the Gambia 1964 98 written by and published by . This book was released on 1999 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Papers in ITJEMAST 12 6 2021 written by and published by International Transaction Journal of Engineering, Management, & Applied Sciences & Technologies. This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: International Transaction Journal of Engineering, Management, & Applied Sciences & Technologies publishes a wide spectrum of research and technical articles as well as reviews, experiments, experiences, modelings, simulations, designs, and innovations from engineering, sciences, life sciences, and related disciplines as well as interdisciplinary/cross-disciplinary/multidisciplinary subjects. Original work is required. Article submitted must not be under consideration of other publishers for publications.
Download or read book Behavioral Predictive Modeling in Economics written by Songsak Sriboonchitta and published by Springer Nature. This book was released on 2020-08-05 with total page 445 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents both methodological papers on and examples of applying behavioral predictive models to specific economic problems, with a focus on how to take into account people's behavior when making economic predictions. This is an important issue, since traditional economic models assumed that people make wise economic decisions based on a detailed rational analysis of all the relevant aspects. However, in reality – as Nobel Prize-winning research has shown – people have a limited ability to process information and, as a result, their decisions are not always optimal. Discussing the need for prediction-oriented statistical techniques, since many statistical methods currently used in economics focus more on model fitting and do not always lead to good predictions, the book is a valuable resource for researchers and students interested in the latest results and challenges and for practitioners wanting to learn how to use state-of-the-art techniques.
Download or read book Historical Dictionary of The Gambia written by David Perfect and published by Rowman & Littlefield. This book was released on 2016-05-27 with total page 615 pages. Available in PDF, EPUB and Kindle. Book excerpt: When The Gambia achieved its independence from Great Britain on 18 February 1965, as mainland Africa’s smallest state, its future seemed uncertain. It retained this status for nearly 30 years, An attempted coup d’état in July 1981 was put down, but, ironically, when other African states were returning to democratic government, Gambian democracy finally succumbed to a military coup on 22 July 1994. While civilian rule was restored in 1996, full democracy was not and a number of subsequent presidential and parliamentary elections have been far from free and fair, while The Gambia’s human rights record has been very poor since 1994. This fifth edition of Historical Dictionary of The Gambia contains a chronology, an introduction, and an extensive bibliography. The dictionary section has over 700 cross-referenced entries on important personalities, politics, economy, foreign relations, religion, and culture. This book is an excellent access point for students, researchers, and anyone wanting to know more about The Gambia.
Download or read book Research Activities of the IMF January 1991 December 1999 written by International Monetary Fund and published by International Monetary Fund. This book was released on 2000-01-01 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research activity in the IMF emphasizes the links between the organization's policy and operational concerns. The main objectives of research is IMF staff understanding of policy and operational issues relevant to the institution, and to improve the analytical quality of the work prepared for management and the Executive Board and the advice provided to member countries. The scope of research in the IMF is defined by the purposes and functions of the institution. In order to foster innovation and ensure quality control, the IMF makes much of its research available outside the institution and encourages staff to interact with academia and other research organizations through conferences, seminars, and occasional joint research projects. The visiting scholar’s program has also enhanced the quality of research done in the IMF. This program brings in leading members of the economics profession from around the world to assist in the preparation of papers for the Executive Board and to conduct research on IMF-related issues.
Download or read book Sustainability in Energy Business and Finance written by Hasan Dinçer and published by Springer Nature. This book was released on 2022-02-20 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume seeks to identify the sustainability issues currently affecting the energy business and finance. For this purpose, a broad range of perspectives on sustainability issues in the energy business and finance are taken into consideration in the context of renewable business projects. In turn, several novel strategies from the energy business and finance are illustrated with regard to sustainable organizational factors, technological infrastructure, financial facilities, economic development, and investment potential. Comparing and contrasting different sustainability perspectives can help to develop the most appropriate and successful business strategies for the sustainable energy business and finance. This book presents multidimensional analyses of sustainability issues with regard to renewable energy projects and identifies the most promising strategies, as well as efficient market conditions for the energy business.
Download or read book Bringing Forth Prosperity Capacity Innovation in Africa written by Benjamin F. Bobo and published by River Publishers. This book was released on 2017-03-30 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: Path to Capacity Innovation: An Africa-MNC Strategic Alliance, a policy framework is advanced proposing a strategic alliance between African countries -represented by NEPAD- and the multinational corporation with input from the NGO and couched upon an NEPAD-MNC-NGO cross-fertilizing integrative structure. Capacity innovation is the key to Africa's transformation: with the appropriate catalysts, innovation and transformation are but a matter of time in gestation. The first of two major catalysts necessary to prompting this change so long sought by Africans came at the adoption of the New Partnership for Africa's Development. It is one of the most profound collaborations of African Heads of State. The second catalyst is proposed in this work in the form of the multinational corporation as change agent for the innovation process working in alliance with NEPAD as Africa's spokesperson for innovation. The policy framework for African capacity innovation is the material product along with discourse for redress of corruption and security policy narrative for protecting the assets of multinational corporations. Bringing Forth Prosperity: Capacity Innovation in Africa questions capital theory as a development construct and an appropriate platform upon which sustained capacity innovation in Africa may emerge; explores Africa's road to modernity in the context of selected development constructs and assesses capacity innovation from a top down-bottom up perspective purposely to serve as backdrop to the Africa-MNC strategic alliance framework; constructs country capacity ID to identify internal resources available to African countries to support capacity innovation; conceptualizes the Africa-MNC strategic alliance to convey a capacity innovation philosophy; articulates an African capacity innovation policy framework to guide the Alliance through a series of actions designed to prompt innovation activity and set the continent on a course to sustained transformation; and articulates a scheme to protect assets -human and physical- derived through the Africa-MNC strategic alliance.
Download or read book IMF Macroeconomic Research on Low Income Countries written by International Monetary Fund and published by International Monetary Fund. This book was released on 2004-01-30 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: Summarizes the for ward-looking analytical work program on macroeconomic issues related to the Poverty Reduction Strategy Paper approach. The program is evolving through a process that began with a technical workshop; participants from low-income countries, donors, academia, and civil society drafted guidance on selected issues and identified priority research topics. Partners, policymakers, and economic scholars are encouraged to share their perspectives and findings through respective team leaders, whose e-mail addresses are provided. The publication also summarizes IMF analytical work, and contains a bibliography of nearly 1,000 papers.
Download or read book Determinants of Economic Growth in Africa written by Almas Heshmati and published by Springer. This book was released on 2018-05-16 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is a collection of selected empirical studies on determinants of economic growth in Africa. Grouped into three parts, chapters examine the influence of financial sources and economic growth; sources of productivity growth; and prices, exchange rates and trade relationships with growth in regions in Africa or the continent as a whole. This edited book is authored by African experts in the field who employ diverse up-to-date data and methods to provide robust empirical results based on representative firms, household surveys and secondary country level data covering individuals or multiple countries on the continent. It contains a wealth of empirical evidence, deep analyses and sound recommendations for policymakers and researchers for designing and implementing effective social and national policies and strategies to prevent and to reduce poverty and its negative effects on poor households and in poor regions. The volume will be a useful resource for policymakers and researchers involved in promoting economic growth and fighting poverty. It will also appeal to a broader audience interested in economic development, resource economics, policies, economic welfare and inclusive growth.
Download or read book Postconflict Economics in Sub Saharan Africa Lessons from the Democratic Republic of the Congo written by Mr.Jean A. P. Clément and published by International Monetary Fund. This book was released on 2005-02-07 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Democratic Republic of the Congo is making significant strides on both the political and economic fronts to extricate itself from one of the bloodiest wars in African history. This remarkable turnaround offers other countries and the international community valuable lessons in preventing conflict and in coping with postconflict recovery. This book also provides a summary of the most recent research on conflict, an analysis of the causes of conflicts in Africa, and an outline of their key economic characteristics.
Download or read book The Politics of Economic Reform in Ghana written by Richard Aidoo and published by Routledge. This book was released on 2019-05-13 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the significant economic transformation of Ghana over the three decades since the end of the Cold War, focusing on the role of political-economic change and reform. The Politics of Economic Reform in Ghana presents a range of perspectives from scholars drawn from both academia and policy-making on the way Ghanaian economic reforms have been shaped by various political and economic actors. First, it establishes and debates the uniqueness of Ghana as a case study in Africa, and the developing world. Second, the book offers a broad account of how global and domestic political or institutional actors have contributed to shaping economic development in Ghana. Drawing on theoretical perspectives, the volume assesses how major political-economic changes have affected Ghana’s economic development. This book will be of interest to students, scholars, policymakers, and organizations interested in the economic and political advancement of Africa, as well as African Politics and Economics.
Download or read book Specification of Investment Functions in Sub Saharan Africa written by Nihal Bayraktar and published by . This book was released on 2007 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is a well-known fact that one of the most important determinants of growth is private investment. But in the developing country context of widespread poverty, the effects of initial conditions on the process of capital accumulation have seldom been investigated. This paper highlights heterogeneity in the process of capital accumulation across different countries in Sub-Saharan Africa, and derives a formal specification of investment functions in the primary, industry, and service sectors in the region using a variation of the combined Tobin's Q Theory and the neoclassical models of investment. The results highlight a more rapid accumulation of capital in the relatively high income subpanel and a widening public-private capital accumulation gap. A functional specification points to the significance of aggregate profitability shocks, the financing cost of investment, and public capital stock in estimating the growth rate of private capital accumulation. These results are supported empirically, as highlighted by the relatively small absolute deviation between actual and predicted value distributions.
Download or read book Hysteresis and Business Cycles written by Ms.Valerie Cerra and published by International Monetary Fund. This book was released on 2020-05-29 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as “hysteresis,” argues for unifying the analysis of growth and cycles. In this paper, we review the recent empirical and theoretical literature that motivate this paradigm shift. The renewed interest in hysteresis has been sparked by the persistence of the Global Financial Crisis and fears of a slow recovery from the Covid-19 crisis. The findings of the recent literature have far-reaching conceptual and policy implications. In recessions, monetary and fiscal policies need to be more active to avoid the permanent scars of a downturn. And in good times, running a high-pressure economy could have permanent positive effects.
Download or read book Trade Liberalization written by Romain Wacziarg and published by Edward Elgar Publishing. This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This compelling two-volume collection presents the major literary contributions to the economic analysis of the consequences of trade liberalization on growth, productivity, labor market outcomes and economic inequality. Examining the classical theories that stress gains from trade stemming from comparative advantage, the selection also comprises more recent theories of imperfect competition, where any potential gains from trade can stem from competitive effects or the international transmission of knowledge. Empirical contributions provide evidence regarding the explanatory power of these various theories, including work on the effects of trade openness on economic growth, wages, and income inequality, as well as evidence on the effects of trade on firm productivity, entry and exit. Prefaced by an original introduction from the editor, the collection will to be an invaluable research resource for academics, practitioners and those drawn to this fascinating topic.
