Download or read book Private Investment and Macroeconomic Adjustment written by Luis Serven and published by World Bank Publications. This book was released on 1989 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Striving for Growth After Adjustment written by Luis Serven and published by World Bank Publications. This book was released on 1993 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Understanding the Incestment Cycle in Adjustment Programs written by and published by World Bank Publications. This book was released on with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Private Investment Under Macroeconomic Adjustment in Morocco written by Klaus Schmidt-Hebbel and published by . This book was released on 1991 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Macroecnomic Adjustment Uncertainty and Domestic Private Investment in Selected African Countries written by Temitope Waheed Oshikoya and published by . This book was released on 1992 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Modelling Macroeconomic Adjustment with Growth in Developing Economies written by Sushanta K. Mallick and published by Routledge. This book was released on 2018-08-13 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Understanding the Investment Cycle in Adjustment Programs written by Andrés Solimano and published by World Bank Publications. This book was released on 1992 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book The Macroeconomic Effects of Public Investment written by Mr.Abdul Abiad and published by International Monetary Fund. This book was released on 2015-05-04 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book How Private Investment Reacts to Changing Macroeconomic Conditions written by Andrés Solimano and published by . This book was released on 1989 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Adjustment and Private Investment in Kenya written by Kazi M. Matin and published by World Bank Publications. This book was released on 1992 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Anticipated Real Exchange rate Changes and the Dynamics of Investment written by Luis Serven and published by World Bank Publications. This book was released on 1990 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unanticipated changes in the real exchange rate affect investment through their impact on the desired capital stock, whose direction depends on a number of factors and is in general ambiguous. In contrast, anticipated changes can also have an important effect on the optimal timing of investment, in a direction that depends on the financial openness of the economy and on the important content of capital goods. This issue is explored using a simple macroeconomic model.
Download or read book Adjustment Policies and Investment Performance in Developing Coutries written by and published by World Bank Publications. This book was released on with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Economics of Adjustment and Growth written by Pierre-Richard Agénor and published by Academic Press. This book was released on 2000 with total page 752 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economics of Adjustment and Growth moves the study of macroeconomics for developing economies away from the traditional static approach and toward a more dynamic, growth-oriented framework. Pierre-Richard Agénor presents an analysis of policy issues involved in designing economic adjustment programs in developing countries and structural reform policies aimed at fostering economic growth. Emphasizing the need to take into account the structural features of these countries, his work dwells on the considerable body of analytical research and empirical evidence of the past two decades in academic circles and international organizations. It provides cutting-edge analysis of many current real-world issues, such as financial crises and the role of trade integration in fostering economic growth. Overall the book offers an impressive overview of the macroeconomic and structural adjustment issues facing developing economies today.
Download or read book Policy Reform Adjustment Costs and Investment written by Mr.Omotunde E. G. Johnson and published by International Monetary Fund. This book was released on 1997-11-01 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: Adjustment assistance is provided to local investors responding to policy reform and facing adjustment costs, to facilitate their activity–a signal to foreign investors about the profitability of investing in the local economy. The government, in providing assistance, maximizes its utility subject to its budgetary constraint, taking into account the utility forgone in alternative uses of budgetary funds. Foreign investors use the signal to update beliefs about investors in the local economy and compute the expected return from investing in the country. The investment response of foreign investors depends on the expected return so computed relative to the expected returns in their alternative investments worldwide.
Download or read book Does price uncertainty really reduce private investment a small model applied to Chile written by Anita George and published by World Bank Publications. This book was released on 1993 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Fund Supported Adjustment Programs and Economic Growth written by Mr.Mohsin S. Khan and published by International Monetary Fund. This book was released on 1985-11-15 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first of a group of papers dealing with various aspects of Fund-supported adjustment programs. The other two, The Global Effects of Fund-supported Adjustment Programs by Morris Goldstein and Fund-Supported Programs, Fiscal Policy, and Income Distribution by the Fiscal Affairs Department, will also be published in the Fund's Occasional Paper Series.
Download or read book Financial Market Constraints and Private Investment in a Developing Country written by Mr.Omotunde E. G. Johnson and published by International Monetary Fund. This book was released on 1990-12-01 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: Firms in developing countries that seek outside financing for investment must often choose their debt-equity combinations in the face of financial market constraints on debt service, on outside equity financing, and on internal finance (endowments). Inefficiencies in the allocation of available finance and in the equity-debt choices that can ensue can be prevented by appropriate policy measures to improve information on profitable investment opportunities and about firms; to directly strengthen financial intermediation; and to support appropriate credit guarantee schemes.
