Striving for Growth After Adjustment
Striving for Growth After Adjustment

Author: Luis Serven

Publisher: World Bank Publications

Published: 1993

Total Pages: 304

ISBN-13: 9780821324844

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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.

Adjustment for Growth
Adjustment for Growth

Author: Mr.Michael T. Hadjimichael

Publisher: International Monetary Fund

Published: 1996-10-15

Total Pages: 100

ISBN-13: 9781557755667

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Over the past two decades, sub-Saharan Africa has lagged behind other regions in economic performance. The important overall indicators of performance, however, mask wide differences among countries. On the whole, countries that effectively implemented comprehensive adjustment and reform programs showed better results. Their experiences demonstrate that an expansion in private saving and investment is key to achieving gains in real per capita GDP. The four papers included in this publication provide a cross country analysis that assesses empirically the role of publlic policies in stimulating private saving and investment in the region in 1986-92 and describe the adjustment experiences of Ghana (1983-91), Senegal (1978-1993), and Uganda (1987-94).

Labour Markets, Poverty, and Development
Labour Markets, Poverty, and Development

Author: Giorgio Barba Navaretti

Publisher: Oxford University Press

Published: 1999

Total Pages: 298

ISBN-13: 9780198293538

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Recent years have seen a period of adjustment and structural change for most developing countries. The ongoing consequences of the debt crisis in the 1980s caused widespread concern of a serious deterioration in wage and employment conditions, as well as in poverty and income distribution. Although the outlook for developing countries changed for the better during the 1990s, concerns about the labour market have not subsided. This book takes a detailed look at employment trends in developing countries, bringing together a distinguished group of international academics and practitioners.

Governance and Private Investment in the Middle East and North Africa
Governance and Private Investment in the Middle East and North Africa

Author: Ahmet Faruk Aysan

Publisher: World Bank Publications

Published: 2006

Total Pages: 65

ISBN-13: 0530161214

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"This paper addresses the issue of the low level of private investment in the Middle East and North Africa (MENA) region, with special emphasis on the role of governance. Based on the existing literature, the authors categorize what types of governance institutions are more detrimental to entrepreneurial investments. They then estimate a simultaneous model of private investment and governance quality where economic policies concurrently explain both variables. The empirical results show that governance plays a significant role in private investment decisions. This result is particularly true in the case of "administrative quality" in the form of control of corruption, bureaucratic quality, investment-friendly profile of administration, and law and order, as well as for "political stability." Evidence in favor of "public accountability" seems, however, less robust. The estimations also stress that structural reforms-such as financial development and trade openness-and human development affect private investment decisions directly, and/or through their positive impact on governance. These findings bring new empirical evidence on the subject of private investment in the developing world and in MENA countries in particular. "--World Bank web site.

Comparative Development Experiences of Sub-Saharan Africa and East Asia
Comparative Development Experiences of Sub-Saharan Africa and East Asia

Author: Ernest Aryeetey

Publisher: Routledge

Published: 2017-11-01

Total Pages: 733

ISBN-13: 1351773674

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Title first publishedin 2003. This comprehensive book focuses on the prevailing conditions in Asia and Africa under various macroeconomic and sectoral themes in order to provide in depth explanations for the divergent development experiences of the two regions. Seeking to go further than the simple comparison of policies, the book carefully examines the institutional context for policy implementation within which growth and development have proceeded in the regions.

IMF Programmes in Developing Countries
IMF Programmes in Developing Countries

Author: Tony Killick

Publisher: Routledge

Published: 2003-09-02

Total Pages: 230

ISBN-13: 1134791941

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The International Monetary Fund is the centre of a global financial system that encourages budgetary discipline and full integration into world trade to facilitate development and alleviate poverty. Yet this policy 'conditionality' of the IMF is highly controversial. Critics state that fifty years of IMF existence has been 'fifty years too long', and that its doctrinaire policy must change or Fund programmes will have only limited ability to achieve their objectives. This book examines the arguments, tracing the extent of Fund adaptation, presenting major new evidence on the consequences of Fund programmes, and considering its future role.

Trends in Private Investment in Developing Countries
Trends in Private Investment in Developing Countries

Author: Stephen S. Everhart

Publisher: World Bank Publications

Published: 2001-01-01

Total Pages: 76

ISBN-13: 9780821350102

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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.

Beyond Tradeoffs
Beyond Tradeoffs

Author: Nancy Birdsall

Publisher: Brookings Institution Press

Published: 1998-09-01

Total Pages: 382

ISBN-13: 9780815791294

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Latin American income distribution is among the most unequal in the world. Both the poor and the wealthy have paid a price for this inequality, which is in part responsible for the region's low growth rates. The essays in this book propose new ways of reducing inequality, not by growth-inhibiting transfers and regulations, but by enhancing efficiency—eliminating consumption subsidies for the wealthy, increasing the productivity of the poor, and shifting to a more labor and skill-demanding growth path. In Beyond Tradeoffs, Latin American experts demonstrate how market-friendly measures in key policy areas can simultaneously promote greater equity and greater efficiency. By identifying win-win strategies, the authors challenge the conventional wisdom that there is always a tradeoff between these two objectives. Extensive macroeconomic reforms in the region have provided opportunities to implement such strategies across many sectors. The volume aims at building a "Latin consensus" on a second round of reforms—reforms that address the urgent issue of inequality without undermining efficient growth. Contributors include Jonathan Coles, Rene Cortazar, Ricardo Hausmann, Juan Luis Londoño, Nora Lustig, Moises Naím, and Joseph Stiglitz. Copublished with the Inter-American Development Bank

Economic Performance in the Middle East and North Africa
Economic Performance in the Middle East and North Africa

Author: Serdar Sayan

Publisher: Routledge

Published: 2009-05-07

Total Pages: 218

ISBN-13: 113407221X

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This book investigates the performance of the economies of the Middle East and North Africa (MENA), focusing in particular on the role of corruption and the underlying institutional structure in determining economic growth and the prospects for development.

Macroeconomics
Macroeconomics

Author: Errol D'Souza

Publisher: Pearson Education India

Published: 2009-05

Total Pages: 516

ISBN-13: 9788131708187

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Errol D'Souza's Macroeconomics helps students realize the connections between theoretical frameworks and the actual behaviour of the economy; enables instructors to teach macroeconomics concepts within the context of both the Indian and global economy; and provides policymakers with material from current research in macroeconomics. The focus of the book rests on the analysis of macroeconomic thought in terms of the intuition and underlying logic that forms its basis. This book has been designed to help readers think independently about real-world situations, by helping them master the basic technical tools that enable them to do this. At a conceptual level, the book focuses on the most current and relevant issues, while also understanding the fluidity of the subject.