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growth-accounting framework are outlined. The main constraints to growth and private investment and current policy initiative … to promote broad-based growth and private investment are analyzed. The various methods employed suggest that there is …
Persistent link: https://www.econbiz.de/10014405058
This Selected Issues paper on the Kingdom of Lesotho reviews the broad objectives and key institutional features of the Common Monetary Area (CMA) relating to currency arrangements. The CMA Agreement provides for the three small member countries to have access to South African capital and money...
Persistent link: https://www.econbiz.de/10014405576
'Guidelines') to establish the investment objectives and policies to guide the investment of assets of the PRG, PRG-HIPC, and CCR … Trusts (the'Trusts') which are available for investment under the Trusts' instruments. These Guidelines are included in this …
Persistent link: https://www.econbiz.de/10014408530
Enhancing public and private investment, but also ensuring that this translates into higher growth and employment, have … long been key policy challenges in Arab countries. Reflecting an improvement in policies and global conditions, investment … differences across the region-investment has on average been somewhat weaker than in peer countries and less effective at …
Persistent link: https://www.econbiz.de/10014408616
This paper summarizes the relevant considerations and presents decisions for the establishment of an Investment Account …
Persistent link: https://www.econbiz.de/10014410046
Persistent link: https://www.econbiz.de/10014410086
, were further amended on January 12, 2022, by the Executive Board of the IMF. The Guidelines establish the investment … objectives and policies to guide the investment of assets of the PRG, PRG-HIPC, and CCR Trusts (the "Trusts") which are available … for investment under the Trusts' instruments …
Persistent link: https://www.econbiz.de/10014410919
This paper analyzes the effects of several policy and other macro-economic variables on the ratio of private investment … 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 …
Persistent link: https://www.econbiz.de/10014395767
While there is a substantial body of literature on the effects of “debt overhang” on investment in heavily … of foreign debt acts as a disincentive to private investment in the specific case of the Philippines. The empirical … reduction (such as the one completed through the buyback operation in early 1990) would increase investment demand by something …
Persistent link: https://www.econbiz.de/10014395790
This paper develops a model of an open economy which employs distortionary taxes to finance public consumption, and with an access to the world capital market. The paper examines the efficiency of quantity restrictions on capital exports and the accompanying set of taxes. A distinction is made...
Persistent link: https://www.econbiz.de/10014395795