consumption and incomes grew in Ghana in the 1990s. Second, we ask how much of the rise in incomes was due to rises in the level …

This paper demonstrates that the delivery of hardware inputs to Ghana’s basic education system – building classrooms …’s support for school building has been a major factor behind Ghana being on track to achieve the Millennium Development Goal of … that little learning can take place. Special attention needs to be paid to these least-privileged schools if Ghana is to …

Investment decision-making is modeled by means of a Kohonen neural net, where neurons represent firms. This is done in …

This paper analyzes a model of investment with fixed investment costs and capital market imperfections. In this model … finance influences the level of capital firms hold, as well as the frequency at which they invest. In consequence investment …, when the short-run investment function is estimated, liquidity has a significant impact, which is also strongest for strong …

Limited liability debt financing of irreversible investments can affect investment timing through an entrepreneur … entrepreneur's unique investment opportunity, and it is shown in a standard model of irreversible investment that includes the … risks, and lowers the investment threshold. Compensating the lender for expected default losses reduces project …

investment problems have been formulated. …

This paper studies whether and how capital investment and economic freedom jointly endogenize economic growth. The … the crucial role of both domestic and foreign capital investment and economic freedom for rapid growth. Countries that … improve economic freedom and that bolster capital investment tend to experience faster growth. The domestic investment rate …

- income countries for the period 1980-2002 and then project investment needs in these sectors until 2010. Our projections …