Showing 1 - 10 of 395
This paper investigates the role of fiscal guarantees in promoting infrastructure investment. Infrastructure is a … give guarantees for reasons of fiscal prudence. The paper argues that governments and large investment guarantee agencies … be fiscally prudent and yet boost investment, especially in infrastructure, and thereby promote growth …
Persistent link: https://www.econbiz.de/10012572830
corruption and investment, both domestic and foreign, to see whether they have changed from earlier decades. Then they move away … investment literature. The findings suggest that countries serious about improving governance, and reducing corruption, should … necessary checks, and balances are in place. Such an approach to reform would help attract more investment - both domestic and …
Persistent link: https://www.econbiz.de/10012572865
This paper investigates how China's saving, investment, and saving-investment balance will evolve in the decades ahead …, cross-country empirical analysis shows that economywide saving and investment in China are higher than what would be …-saving and investment would both decline only mildly in the coming two decades, with ambiguous impact on the current account …
Persistent link: https://www.econbiz.de/10012553780
years, however, domestic investment, while stagnant in real terms, has shrunk as a share of GDP. In an open and growing … economy, why the decline? Three reasons explain the puzzle. First, the public sector cannot afford expanding its investment at … GDP growth rates. Second, the capital-intensive private sector does not find it convenient to raise investment at the …
Persistent link: https://www.econbiz.de/10012552369
Sub-Saharan Africa. The study finds that of all regions, Africa receives the lowest share of investment from sovereign … wealth funds, and the landscape is dominated by Asian funds. The investment strategies of sovereign wealth funds established … investment rate of return and political connections have a positive and significant effect on sovereign wealth fund investments …
Persistent link: https://www.econbiz.de/10012570682
Private investment can be an important engine of economic growth in East African countries, which, despite recent … whether there is a relationship between firm adoption of mobile money and firm investment. Using firm-level data that are …
Persistent link: https://www.econbiz.de/10012570716
This paper analyzes the impact of aging on capital accumulation and welfare in a country with a sizable unfunded social security system. Using a two-period overlapping generation model with endogenous retirement decisions, the paper shows that the type of aging and the type of unfunded social...
Persistent link: https://www.econbiz.de/10012571574
Investment growth in many emerging market and developing economies (EMDEs) has slowed sharply since 2010. Investment … investment growth in six EMDE regions, documents remaining investment needs, especially for infrastructure, and presents a set of … region-specific policy responses to address these needs. It reports three main findings. First, investment growth has been …
Persistent link: https://www.econbiz.de/10012570490
Investment growth in emerging market and developing economies has slowed sharply since 2010. This paper presents a … comprehensive analysis of the causes and implications of this slowdown and presents a menu of policy responses to improve investment …, declining foreign direct investment inflows, elevated private debt burdens, heightened political risk, and adverse spillovers …
Persistent link: https://www.econbiz.de/10012570491
conflict persistent: refugee flows and investment. Both channels display wide variation across recovery episodes, and are …
Persistent link: https://www.econbiz.de/10012570541