1980 to 2012. Our results indicate that private and public investments are strong drivers of growth, while more limited …This study examines the drivers of growth in Asian countries, with focus on the role of investment, the exchange rate … evidence is found that reduced financial risk and higher foreign direct investment support growth. The exchange rate regime …

out strong programs of macroeconomic adjustment and structural reforms designed to promote growth and reduce poverty. Now … that the HIPC Initiative is nearly completed, this paper investigates whether the initiative managed to spur growth, either … effects of the HIPC Initiative on growth. Such evidence suggests that the HIPC Initiative and MDRI have helped HIPC …

assesses the relationship between (i) growth and various determinants, including the exchange regime, the real exchange rate … exchange rate, the exchange regime, and liberalization. We find that in our sample, for the determinants of growth, investment …

specification, higher private and public investments boost growth. Some evidence is found that government consumption exerts a drag …This study examines the drivers of growth in Sub-Saharan African countries, using aggregate data, from the past decade …. We correlate recent growth experience to key determinants of growth, including private and public investment, government …

Adequate infrastructure has long been viewed as an important factor in economic development. Based on regressions … covering 76 advanced and emerging market economies, this paper estimates the impact of infrastructure and investment on income … distribution. It finds that better infrastructure, both quality and quantity, promotes income equality, while the link between …

This paper examines trends in infrastructure investment and its financing in low-income developing countries (LIDCs …). Following an acceleration of public investment over the last 15 years, the stock of infrastructure assets increased in LIDCs …, even though large gaps remain compared to emerging markets. Infrastructure in LIDCs is largely provided by the public …

This paper explores the macroeconomic effects of improving public infrastructure in the Philippines. After benchmarking … the Philippines relative to its neighbors in terms of level of public capital and quality of public infrastructure, and … and improving public investment efficiency. The main results are as follows: (i) increasing public infrastructure …