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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 …
Persistent link: https://www.econbiz.de/10014409029
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 …
Persistent link: https://www.econbiz.de/10012677549
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 …
Persistent link: https://www.econbiz.de/10012677591
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 …
Persistent link: https://www.econbiz.de/10012677702
study finds that sluggish investment has undermined growth since 1996 and that the underinvestment is in part explained by …The purpose of this paper is to examine factors that have constrained South Africa's growth since the end of apartheid … by comparing its GDP components and its saving and investment performance with those of 10 faster-growing countries. The …
Persistent link: https://www.econbiz.de/10012677704
Intro -- Contents -- I. INTRODUCTION -- II. THE PARADOX: LOW GROWTH AND HIGH INVESTMENT -- III. THE MISMEASUREMENT …
Persistent link: https://www.econbiz.de/10012691081
External demand was the main driver of growth in Thailand in 2006 and 2007. However, WEO projections indicate … moderating foreign demand in 2008, with U.S. growth being revised downwards to reflect the turmoil in housing and credit markets …'s largest export destination. We use a small structural model and Bayesian estimation to assess the possible impact of a U …
Persistent link: https://www.econbiz.de/10012677605
-eligible countries to reach higher growth, but it remains unclear whether this is through higher investment or another channel. Also, the … 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 …
Persistent link: https://www.econbiz.de/10011123843
-sustaining growth based on private consumption and investment. This paper finds that Japanese nonfinancial firms have accumulated cash … at the expense of investment and dividends, hampering this transition. The evidence suggests that cash accumulation is … plays only a limited role. These firms have cash holdings available for investment of about 5 percent of GDP. Policy options …
Persistent link: https://www.econbiz.de/10011142082
around 3¼ percent, but growth could reach 4-5 percent with strong pro-active policies including (i) improving investment and … predict stagnation (Meade, 1961). We use growth accounting to analyze the sources of past growth and project potential ranges … of growth through 2033. Growth averaged 4½ percent over the past 20 years. Our baseline suggests future growth rates …
Persistent link: https://www.econbiz.de/10011142138