Welfare economics, scope and performance of government, externalities, public goods, cost-benefit analysis, subsidies … graph which is then used to analyze policy rules, subsidies and effective interaction between the state and the private …

This paper (i) provides evidence on the procyclical investment behavior of major institutional investors during the … implications of procyclical behavior; and (iv) proposes a framework for sound investment practices for long-term investors. Such … procyclical investment behavior is understandable and may be considered rational from an individual institution’s perspective …

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. …

better performance than ownership concentrated by the domestic owners. Ownership by Ukrainian investment funds and holding …