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This study assesses macroeconomic volatility in Costa Rica, based largely on politically weak governments` inability or unwillingness to effect key reforms. Notable problems include volatility-prone fiscal and monetary policy, structurally weak public finances due to large domestic debts and...
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The study examines the long run relationship and interconnections between public debt and domestic investment in 13 … Squares (FMOLS), debt (% of GDP) and external debt have an insignificant effect on investment in the long run, suggesting the … negligible effect of public debt on the level of investments. But domestic investment Granger causes public debt indicators …
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the different response of business confidence and private investment. …
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for both public and private investments. This paper examines whether fiscal policy and investment matters for GDP growth … private investment among selected African countries has a positive impact on GDP growth. The findings further indicate that …
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