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. …

investment spending and growth and only in the same year, as lagged impacts are not significant. Furthermore, there is little … Ethiopia in recent years, as high public investment has coincided with high GDP growth, but it is probably too early to draw … investment drives tend eventually to be financed by borrowing and have been plagued by poor analytics at the time investment …

mid-2000s have helped Bolivia to nearly triple income per capita and reduce poverty. The economy benefited from high …

categorical endogenous regressor to estimate, for the case of Bolivia, the conditional probability of facing obstacles given the …