countries have a smaller share of exports, lower degree of financial deepening, lower levels of domestic savings, higher …

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. …

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. …

policy that took place in 2011 in four members of the East African Community: Kenya, Uganda, Tanzania and Rwanda. We find …

Uganda has benefited from international reserve accumulation. The fiscal stance is tighter mainly owing to delays in …

investment and trade, growth has recovered to about 5 percent, a stronger than expected rebound from the low 3½ percent …