Private Investment and Macroeconomic Adjustment
Author: Luis Serven
Publisher: World Bank Publications
Published: 1989
Total Pages: 47
ISBN-13:
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The Macroeconomic Effects of Public Investment
Author: Mr.Abdul Abiad
Publisher: International Monetary Fund
Published: 2015-05-04
Total Pages: 26
ISBN-13: 1484361555
DOWNLOAD EBOOKThis paper provides new evidence of the macroeconomic effects of public investment in advanced economies. Using public investment forecast errors to identify the causal effect of government investment in a sample of 17 OECD economies since 1985 and model simulations, the paper finds that increased public investment raises output, both in the short term and in the long term, crowds in private investment, and reduces unemployment. Several factors shape the macroeconomic effects of public investment. When there is economic slack and monetary accommodation, demand effects are stronger, and the public-debt-to-GDP ratio may actually decline. Public investment is also more effective in boosting output in countries with higher public investment efficiency and when it is financed by issuing debt.
Investment and Risk in Africa
Author: Paul Collier
Publisher: Springer
Published: 2016-07-27
Total Pages: 391
ISBN-13: 1349150681
DOWNLOAD EBOOKThis 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.
Private Investment and Macroeconomic Adjustment
Author: Luis Serven
Publisher:
Published: 1989
Total Pages: 52
ISBN-13:
DOWNLOAD EBOOKThis paper reviews current investment theories, recent models linking macroeconomic policies and private investment, and the effect of uncertainty and credibility on irreversible investment decisions. Empirical studies on the subject are also reviewed, and the general implications of this literature for the design of growth- oriented adjustment programs are discussed.
Private Investment in Developing Countries
Author: International Monetary Fund
Publisher: International Monetary Fund
Published: 1990-04-01
Total Pages: 30
ISBN-13: 1451977026
DOWNLOAD EBOOKThis 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.
International Investments in Private Equity
Author: Peter Klaus Cornelius
Publisher: Academic Press
Published: 2011-02-17
Total Pages: 329
ISBN-13: 0123785820
DOWNLOAD EBOOKHow can private equity investors exploit investment opportunities in foreign markets? Peter Cornelius uses a proprietary database to investigate and describe private equity markets worldwide, revealing their levels of integration, their risks, and the ways that investors can mitigate those risks. In three major sections that concentrate on the risk and return profile of private equity, the growth dynamics of discrete markets and geographies, and opportunities for private equity investments, he offers hard-to-find analyses that fill knowledge gaps about foreign markets. Observing that despite the progressive dismantling of barriers investors are still home-biased, he demonstrates that a methodical approach to understanding foreign private equity markets can take advantage of the macroeconomic and structural factors that drive supply and demand dynamics in individual markets. - Foreword by Josh Lerner - Teaches readers how to investigate and analyze foreign private equity markets - Forecasts private equity investment opportunities via macroeconomic and structural factors in individual markets - Draws on data from a proprietary database covering 250 buyout and VC funds and 7,000 portfolio companies
Private Finance for Development
Author: Hilary Devine
Publisher: International Monetary Fund
Published: 2021-05-14
Total Pages: 161
ISBN-13: 1513571567
DOWNLOAD EBOOKThe Covid-19 pandemic has aggravated the tension between large development needs in infrastructure and scarce public resources. To alleviate this tension and promote a strong and job-rich recovery from the crisis, Africa needs to mobilize more financing from and to the private sector.
Fiscal Policy and Long-Term Growth
Author: International Monetary Fund
Publisher: International Monetary Fund
Published: 2015-04-20
Total Pages: 257
ISBN-13: 1498344658
DOWNLOAD EBOOKThis paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The particular mix of policy measures, however, will depend on country-specific conditions, capacities, and preferences. The paper draws on the Fund’s extensive technical assistance on fiscal reforms as well as several analytical studies, including a novel approach for country studies, a statistical analysis of growth accelerations following fiscal reforms, and simulations of an endogenous growth model.
Fiscal Adjustment for Stability and Growth
Author: Mr.James Daniel
Publisher: International Monetary Fund
Published: 2006-08-17
Total Pages: 80
ISBN-13: 9781589065130
DOWNLOAD EBOOKThe pamphlet (which updates the 1995 Guidelines for Fiscal Adjustment) presents the IMF’s approach to fiscal adjustment, and focuses on the role that sound government finances play in promoting macroeconomic stability and growth. Structured around five practical questions—when to adjust, how to assess the fiscal position, what makes for successful adjustment, how to carry out adjustment, and which institutions can help—it covers topics such as tax policies, debt sustainability, fiscal responsibility laws, and transparency.
Macroeconomic Policies for Stable Growth
Author: Delano Villanueva
Publisher: World Scientific
Published: 2008
Total Pages: 271
ISBN-13: 9812818308
DOWNLOAD EBOOK"This volume is a collection of published and unpublished papers that the author has written over the last two decades during part of his tenure at the International Monetary Fund, the South East Asian Central Banks Research and Training Center, and Singapore Management University. The policy-oriented book examines the links between macroeconomic policies and noninflationary, full-employment levels and growth rates of aggregate gross domestic product, with particular focus on the application in emerging markets of the tools of growth theory. Theoretically sound and grounded in practical wisdom, this book is an essential reading for economic, financial and developmental policymakers, professional economists, and undergraduate/graduate students in economics and social sciences."--BOOK JACKET.
