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countries have a smaller share of exports, lower degree of financial deepening, lower levels of domestic savings, higher …
Persistent link: https://www.econbiz.de/10011242354
rather than a greater 'effort' to save it. Finally, we find evidence that, while savings during the boom help to increase … post-boom income, the composition of such savings matters. Specifically, in past episodes, savings allocated to foreign … asset accumulation appear to have contributed more to post-boom income than those devoted to domestic investment. …
Persistent link: https://www.econbiz.de/10011242443
investment for Kuwait under uncertainty. The results show that in the face of high oil income volatility and the expected decline … is room to increase investment spending, which should contribute to the growth of the tradable sector, as the projected … investment rate is lower than the optimal investment rate of 20 percent of government income. …
Persistent link: https://www.econbiz.de/10011242728
The EU Services Directive was adopted in 2006 to foster competition in services across Europe. However, progress in liberalizing services has fallen short of expectations due to the article 15 of the Directive, which allows countries to maintain pre-existing restrictions if judged necessary to...
Persistent link: https://www.econbiz.de/10011142143
Sound macroeconomic policies, good governance, and high levels of investment, supported by diamond and other mineral … essential to accumulate savings for the period when diamond revenues decline. Striking an appropriate balance between monetary …
Persistent link: https://www.econbiz.de/10011244231
components and its saving and investment performance with those of a panel of faster-growing countries. …
Persistent link: https://www.econbiz.de/10011244349
Petroleum is now by far Timor-Leste’s largest source of income. If well harnessed, Timor-Leste’s petroleum wealth offers the potential for a more prosperous future. This Selected Issues paper provides an overview of how Timor-Leste’s Petroleum Fund functions. It considers...
Persistent link: https://www.econbiz.de/10011244701
the SBA have sought to reduce Croatia’s savings-investment imbalance and stabilize the external debt-to-GDP ratio …
Persistent link: https://www.econbiz.de/10011244734