Download or read book Private Investment and Economic Growth in Developing Countries written by International Monetary Fund and published by International Monetary Fund. This book was released on 1989-07-26 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite the growing support for market-oriented strategies, and for a greater role of private investment, empirical growth models for developing countries typically make no distinction between the private and public components of investment. This paper sheds some light on this important issue by formulating a simple growth model that separates the effects of public sector and private sector investment. This model is estimated for a cross - section sample of 24 developing countries, and the results support the notion that private investment has a larger direct effect on growth than does public investment.
Download or read book Private Investment in Developing Countries written by International Monetary Fund and published by International Monetary Fund. This book was released on 1990-04-01 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the effects of several policy and other macro-economic variables on the ratio of private investment to GDP in developing countries. Using data for a sample of 23 developing countries over the period 1975-87, the econometric evidence indicates that the rate of private investment is positively related to the real growth rate of GDP, public sector investment, and to a lesser extent the level of per capita GDP, while it is negatively related to domestic inflation, the debt service ratio, the debt-to-GDP ratio, and high real interest rates. There is also some indication that all but the last of these variables had a greater impact before the onset of the debt crisis in 1982, while the debt-to-GDP ratio (a measure of a country’s debt overhang) has become more important since then.
Download or read book Foreign Private Investment in Developing Countries written by International Monetary Fund and published by . This book was released on 1985 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic Security Private Investment and Growth in Developing Countries written by Ms.Helene Poirson Ward and published by International Monetary Fund. This book was released on 1998-01-01 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides empirical support for the view that enhanced economic security fosters private investment and growth in developing countries. An analysis for 53 developing countries suggests that most aspects of economic security have improved since the mid-1980s; that private investment is mostly influenced by the risk of expropriation, the degree of civil liberty, and the degree of independence of the bureaucracy; and that economic growth is affected by the risk of expropriation and political terrorism in the short run, and by corruption and contract repudiation in the long run.
Download or read book Foreign Private Investment in Developing Countries written by Joshim Landell-Mills and published by . This book was released on 1985 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Reviving Private Investment in Developing Countries written by A. Chhibber and published by Elsevier. This book was released on 2013-10-22 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Investing in Developing Countries written by Organisation for Economic Co-operation and Development and published by Organisation for Economic Co-operation and Development ; [Washington, D.C. : sold by OECD Publications Center]. This book was released on 1975 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Trends in Private Investment in Developing Countries written by Stephen S. Everhart and published by World Bank Publications. This book was released on 2001 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: Covers trends in 63 developing countries.
Download or read book Trends in Private Investment in Developing Countries written by Lawrence Bouton and published by World Bank Publications. This book was released on 2000-01-01 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: This discussion paper examines in its first part, the role of private investment in economic growth. While theoretical growth models developed in the economics literature, make no distinction between private, and public components of investment, there is an emerging appreciation that private investment is more efficient, and productive tan public investment. Results from the recent empirical literature, updated here with the recent data on private investment, suggest that private investment has a stronger association with long run economic growth than public investment. The second part shows trends in private, and public fixed investment in fifty developing countries. On average, the ratio of private investment to GDP continued its upward trend, reaching record levels in 1998, the most recent year for which comparable data exist. That year, average private investment reached 14.3 percent of GDP, but public investment, fell to only 7.0 percent of GDP, its lowest level since 1974.
Download or read book Private Enterprise in Developing Countries written by W. M. Clarke and published by Elsevier. This book was released on 2013-10-22 with total page 77 pages. Available in PDF, EPUB and Kindle. Book excerpt: Private Enterprise in Developing Countries is a five-chapter text that describes the contribution of private investment in the less-developed countries. The opening chapter tracks down the flow of help to less development countries and the struggles in encouraging private enterprise to invest in the poorer countries. The next chapter scrutinizes the significant changes in private investments in less-developed countries, followed by a discussion on the distinction between the prime purpose of private enterprise and the result of their activities, focusing on the concept of the so-called development “fall-out . These topics are followed by surveys of the basis of fear of private investors in investing business in underdeveloped countries through examining the experience of Malaysia and the sterling parts of Africa. The final chapter considers some business issues, including the development of a system to safeguard the handling of information for the study of overseas investment climate and the role being played by indigenous development corporations.
Download or read book Private Foreign Investment in Developing Countries written by H.C. Bos and published by Springer. This book was released on 1974-03-31 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study is the result of research undertaken by the Netherlands Economic Institute, Division Balanced International Growth, Rotterdam, under the auspices of the O.E.C.D. Development Centre. In the division of labour agreed with professor Grant L. Reuber, who directed a parallel study under the auspices of the Centre' , the N.E.I. research deals with the evaluation of economic effects of private foreign investment in developing countries. The effects studied are confined to macro-economic effects which are quantifi able. The lack of a satisfactory methodology for the assessment of these effects seemed to justify this limitation in the approach to the evaluation of private foreign investment. The study is organized as follows. Part I reviews briefly and critically the literature about the evaluation of private foreign investment and suggests the need for an appropriate macro-economic methodology. Part II develops the principles and techniques for such a methodology which is applied empirical ly to data for five developing countries in Part III. While Parts II and III are concerned with the effects of aggregated volumes of private foreign invest of the previous parts, the appraisal of ment, Part IV considers, independently projects financed through foreign investment and discusses the special fea tures of social benefit-cost analysis of such projects.
Download or read book Trends in Private Investment in Developing Countries written by Lawrence Bouton and published by World Bank Publications. This book was released on 1996 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: This short paper, in its eighth edition, provides private and public investment data through 1995. Although the growing empirical literature on privatization has almost invariably found that the transfer of assets from public to private hands yields both efficiency and welfare gains, there has been a surprising lack of research on the macroeconomic consequences of privatization. This report addresses that issue briefly, exploring the impact of privatization on private fixed investment. As a starting point, the dimensions of the privatization revolution are summarized with special emphasis on the contribution made by foreign investors. Data on investment commitments stemming from privatization are also presented. The final section offers some econometric insights into the importance of privatization as a determinant of private investment in developing countries. The report concludes that privatization of state-owned enterprises is likely to have a multiplier effect on private investment and is, therefore, an important ingredient of governments' efforts to improve the business climate and to step up the pace of economic development. Appendix 1 discusses the methods and sources used; Appendix 2 presents tables with investment figures in terms of five ratios; Appendix 3 graphs the data by region; and Appendix 4 discusses the econometric results.
Download or read book Trends in Private Investment in Developing Countries written by Stephen S. Everhart and published by World Bank Publications. This book was released on 2001-01-01 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: La edicion de 2001 se centra en la relacion entre inversion publica e inversion privada. El foco de este a?o esta en la calidad de la inversion publica, de su interaccion con la corrupcion, y del impacto que resulta en la inversion privada.
Download or read book Investment and Risk in Africa written by Paul Collier and published by Springer. This book was released on 2016-07-27 with total page 391 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together academics in the fields of economics, political science, and law, with business practitioners in the fields of risk assessment and portfolio management. Their contributions are sequenced to tell a story. Africa is perceived as being a highly risky continent. As a result, investment is discouraged. These risks are partly exaggerated. However, to the extent that they reflect genuine problems, they are capable of being mitigated by insurance and reduced by political restraints such as central banks, investment charters, and international agreements.
Download or read book Public and Private Investment and the Convergence of Per Capita Incomes in Developing Countries written by Mohsin S. Khan and published by International Monetary Fund. This book was released on 1993-06 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the extent to which there has been convergence in real per capita incomes across developing countries during the last two decades. In the analysis particular emphasis is placed on the separate roles played by private and public sector investment in determining both the extent and the speed of convergence. The paper also considers the importance of the stock of human capital, trade orientation, and foreign direct investment in the long-run growth process. Empirical tests are carried out for a large sample of 95 developing countries over the period 1970-90. The results provide support for the notion of differential effects of public and private investment on long-term growth, as well as for the convergence hypothesis.
Download or read book Real Exchange Rate Uncertainty and Private Investment in Developing Countries written by Luis Servén and published by World Bank Publications. This book was released on 2002 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Serven examines empirically the link between real exchange rate uncertainty and private investment in developing countries using a large cross country-time series data set. He builds a GARCH-based measure of real exchange rate volatility and finds that it has a strong negative impact on investment, after controlling for other standard investment determinants and taking into account their potential endogeneity. The impact of uncertainty is not uniform, however. There is some evidence of threshold effects, so that uncertainty only matters when it exceeds some critical level. In addition, the negative impact of real exchange rate uncertainty on investment is significantly larger in economies that are highly open and in those with less developed financial systems.
Download or read book Trends in Private Investment in Developing Countries 1995 written by Jack D. Glen and published by World Bank Publications. This book was released on 1995-01-01 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: IFC Discussion Paper No. 25. Presents tables and graphs of updated statistics on private investment in developing countries between 1980 and 1993. Text focuses on capital flows that contribute to the financing of private investment. This six
