Download or read book THE IMPACT OF PUBLIC INVESTMENT ON ECONOMIC GROWTH IN NAMIBIA EPRU N written by and published by . This book was released on with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Our disaggregated analysis indicates that the transport and agriculturural sectors are the largest-spending ministries in terms of public investment, whereas in terms of its composition, data disaggregated into Investment in furniture and office equipment, Investment in operational equipment and machinery, Investment in feasibility studies and The Impact of Public Investment on Economic Growth in. [...] Note here that unlike the individual firms who took K, the aggregate capital, as given, the planner recognises the contribution of each firm's The Impact of Public Investment on Economic Growth in Namibia 4 investment to aggregate capital stock and to the production of all firms in the economy, and therefore the planner internalises the spillover effect. [...] On the relationship between economic growth and the ability to travel, economic theory assumes that the further people are able to travel, the greater the economic activity and wealth of the society. [...] Given the importance of the sector and the government objectives of alleviating poverty, reducing inequality and increasing job opportunities, a reduction in the allocation of resources to the agriculture sector may delay the achievement of the government's objectives. [...] The Ministry of Mines and Energy is responsible for overseeing the development of the sector, with Nampower, the national utility, responsible for electricity distribution; and Namcor, the national oil company responsible for the promotion and development of the oil and gas resources.
Download or read book The Impact of Public Investment on Economic Growth in Namibia written by John Ashipala and published by . This book was released on 2003 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Impact of Domestic Public and Private Investment on Economic Growth in Namibia written by Festus Tangeni Kandenge and published by . This book was released on 2007 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Public and Private Investment and Economic Growth in Namibia written by Festus Tangeni Kandenge and published by . This book was released on 2011 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book The Impact of Fiscal Deficits and Public Debt on Real Interest Rate and Investment in Namibia written by Hoster Bebi and published by . This book was released on 2000 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book October 2003 The Impact of Public Investment GI on GDP in Namibia Issue 05 written by and published by . This book was released on with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The responsiveness of GDP to an increase in public investment depends on the composition of public investment. [...] The Impact of Public Investment (GI) on GDP in Namibia Issue 05 This policy brief investigates the contribution of public investment to GDP, and analyses whether public investment encourages or deters private investment. [...] Furthermore, the Table indicates that after independence the government embarked upon the expansion of services affecting the bulk of the population as notable through investment in agriculture, education, transport and health. [...] The study's key objective was to investigate whether in the case of Namibia, SA and Botswana, public investment leads to an increase in private investment, and in turn, in GDP. [...] Policy Recommendations Confine public investment to goods that facilitate the smooth functioning of the market such as education, health, water and sewages, and transport and communication; Public investment should target strictly public goods which are non-excludable and non-rival; Public investment should target the provision of basic services where excludability may restrict access due to affor.
Download or read book An analysis of the impact of public debt on economic growth of Namibia written by Alosia T. IItula and published by . This book was released on 2018 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book OECD Public Governance Reviews Integrity Framework for Public Investment written by OECD and published by OECD Publishing. This book was released on 2016-02-29 with total page 95 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public investment, and particularly infrastructure investment, is important for sustainable economic growth and development as well as public service provision. However, it is also vulnerable to capture and corruption.
Download or read book Bank of Namibia written by and published by . This book was released on 2006 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Growth Report written by Commission on Growth and Development and published by World Bank Publications. This book was released on 2008-07-23 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: The result of two years work by 19 experienced policymakers and two Nobel prize-winning economists, 'The Growth Report' is the most complete analysis to date of the ingredients which, if used in the right country-specific recipe, can deliver growth and help lift populations out of poverty.
Download or read book Namibia written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2019-09-13 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Global Trends 2040 written by National Intelligence Council and published by Cosimo Reports. This book was released on 2021-03 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.
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 World Development Report 1994 written by and published by World Bank Publications. This book was released on 1994 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: World Development Report 1994 examines the link between infrastructure and development and explores ways in which developing countries can improve both the provision and the quality of infrastructure services. In recent decades, developing countries have made substantial investments in infrastructure, achieving dramatic gains for households and producers by expanding their access to services such as safe water, sanitation, electric power, telecommunications, and transport. Even more infrastructure investment and expansion are needed in order to extend the reach of services - especially to people living in rural areas and to the poor. But as this report shows, the quantity of investment cannot be the exclusive focus of policy. Improving the quality of infrastructure service also is vital. Both quantity and quality improvements are essential to modernize and diversify production, help countries compete internationally, and accommodate rapid urbanization. The report identifies the basic cause of poor past performance as inadequate institutional incentives for improving the provision of infrastructure. To promote more efficient and responsive service delivery, incentives need to be changed through commercial management, competition, and user involvement. Several trends are helping to improve the performance of infrastructure. First, innovation in technology and in the regulatory management of markets makes more diversity possible in the supply of services. Second, an evaluation of the role of government is leading to a shift from direct government provision of services to increasing private sector provision and recent experience in many countries with public-private partnerships is highlighting new ways to increase efficiency and expand services. Third, increased concern about social and environmental sustainability has heightened public interest in infrastructure design and performance.
Download or read book Better Spending for Better Lives written by Alejandro Izquierdo and published by . This book was released on 2018-08-31 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Demographic Dividend written by David Bloom and published by Rand Corporation. This book was released on 2003-02-13 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is long-standing debate on how population growth affects national economies. A new report from Population Matters examines the history of this debate and synthesizes current research on the topic. The authors, led by Harvard economist David Bloom, conclude that population age structure, more than size or growth per se, affects economic development, and that reducing high fertility can create opportunities for economic growth if the right kinds of educational, health, and labor-market policies are in place. The report also examines specific regions of the world and how their differing policy environments have affected the relationship between population change and economic development.
Download or read book Global Waves of Debt written by M. Ayhan Kose and published by World Bank Publications. This book was released on 2021-03-03 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.
