by comparing its GDP components and its saving and investment performance with those of 10 faster-growing countries. The … study finds that sluggish investment has undermined growth since 1996 and that the underinvestment is in part explained by … limited saving. Thus, over the last decade, interactions between investment, saving, and production may have perpetuated slow …

We study the effects of permanent and temporary income shocks on precautionary saving and investment in a ""store …-or-sow"" model of growth. High volatility of permanent shocks results in high precautionary saving in the safe asset and low … shocks leads to low precautionary saving and high or low investment, depending on the volatility of temporary shocks …

direct investment is also substantial. We explain these features in terms of a conventional neoclassical growth model-with no … increases in employment and output rather than only in wages; and (2) even though the domestic saving rate is high, foreign …

Although the economic growth literature has come a long way since the Solow-Swan model of the fifties, there is still … considerable debate on the ""real' or ""deep"" determinants of growth. This paper revisits the question of what is really important … for strong long-term growth by using a Binary Classification Tree approach, a nonparametric statistical technique that is …

This paper assesses how pro-poor and inclusive Asia's recent growth has been, and what factors have been driving these …, dampening the impact of growth on poverty reduction. As a result, relative to other emerging and developing regions and to Asia … policies that could help redress these trends and broaden the benefits of growth in Asia. These include fiscal policies to …

Intro -- Contents -- I. INTRODUCTION -- II. THE PARADOX: LOW GROWTH AND HIGH INVESTMENT -- III. THE MISMEASUREMENT …

Over the past decade, China's growth model has become more reliant on investment and its footprint in global imports …-led growth and face growing risks from a deceleration in investment in China. This note quantifies potential global spillovers … has widened substantially. Several economies within China's supply chain are increasingly exposed to its investment …

We investigate the nexus of public and private investment and assess the impact of both types of investment on growth …. Using annual data for 1965-2005, we employ a coherent set of structural VAR outputs to model investment and growth in Benin …. We find that in addition to institutional and regulatory developments, public investment and private capital formation …

Over the last thirty years Burundi's low economic growth has led to a significant decline in per capita GDP. The … of investment, civil conflict, economic inefficiencies, state intervention in the economy, and regulatory restrictions … explain a large part of the weak growth performance for the last thirty years …

We investigate the nexus of public and private investment and assess the impact of both types of investment on growth …. Using annual data for 1965-2005, we employ a coherent set of structural VAR outputs to model investment and growth in Benin …. We find that in addition to institutional and regulatory developments, public investment and private capital formation …