Venture Capital Operations and Their Potential Role in LDC Markets
Venture Capital Operations and Their Potential Role in LDC Markets

Author: Silvia B. Sagari

Publisher: World Bank Publications

Published: 1991

Total Pages: 68

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Venture capital may play an important role in supporting entrepreneurial development and small business growth. But institutional arrangements and instruments must be carefully chosen, taking into account the lessons from countries where venture capital has been a reality now for a few years. The Bank's role should be largely to disseminate these lessons.

Korea's Labor Markets Under Structural Adjustment
Korea's Labor Markets Under Structural Adjustment

Author: Dipak Mazumdar

Publisher: World Bank Publications

Published: 1990

Total Pages: 59

ISBN-13:

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Korea's ability to keep the economy from going off the rails has been as remarkable as its achievement of high long- run growth rates. The key to the success of Korea's labor policy - state guidelines limited the wage increases under structural adjustment - was the high rate of total factor productivity growth.

Fiscal Policy and Private Investment in Developing Countries
Fiscal Policy and Private Investment in Developing Countries

Author: Ajay Chhibber

Publisher: World Bank Publications

Published: 1990

Total Pages: 48

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The key to sustained recovery in developing countries is the revival of private investment. This revival requires a coordinated set of credible policies - fiscal, exchange rate, tax, and public expenditure restructuring. In several countries the debt overhang is also an obstacle to achieving that credibility.

The Labor Market and the Transition of Socialist Economies
The Labor Market and the Transition of Socialist Economies

Author: Milan Vodopivec

Publisher: World Bank Publications

Published: 1990

Total Pages: 49

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One challenge of the transition of socialist economies to multiparty democracy and a market economy will be to reallocate labor while minimizing the social costs of unemployment. Vodopivec identifies the key issues of labor reform and makes policy recommendations.

Anticipated Real Exchange-rate Changes and the Dynamics of Investment
Anticipated Real Exchange-rate Changes and the Dynamics of Investment

Author: Luis Serven

Publisher: World Bank Publications

Published: 1990

Total Pages: 54

ISBN-13:

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Unanticipated changes in the real exchange rate affect investment through their impact on the desired capital stock, whose direction depends on a number of factors and is in general ambiguous. In contrast, anticipated changes can also have an important effect on the optimal timing of investment, in a direction that depends on the financial openness of the economy and on the important content of capital goods. This issue is explored using a simple macroeconomic model.

Australia's Antidumping Experience
Australia's Antidumping Experience

Author: Gary Banks

Publisher: World Bank Publications

Published: 1990

Total Pages: 65

ISBN-13:

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The Australian experience suggests that antidumping is, at heart, about safeguarding the interests of particular industries. As long as this is true, there will always be tension between antidumping policy and the broader interests of the national economy and the world trading systems.