financial liberalization on domestic investment and savings, the current account balance and the real exchange rate, both when …

productivity and that they impact the degree of R&D spillovers …

While expanding public investment can help filling infrastructure bottlenecks, scaling up too much and too fast often … public investment in a large sample of road construction projects in developing countries. Consistent with the presence of … absorptive capacity constraints, our results show a non-linear U-shaped relationship between public investment and project costs …

Italy and provinces in Canada. Analyzing saving-investment correlations, and developing as well as fitting to the data a …

institutional reforms reduce financial frictions? Based on a canonical investment model, we consider two potential channels: (i …

We examine determinants of, and interactions between, capital inflows, financial development, and domestic investment … macroeconomic policy. Both private capital inflows and domestic credit exert a positive effect on investment; they also mediate most … of the investment impact of the global price of risk and domestic borrowing costs. Surprisingly, neither greater domestic …

Firms in developing countries that seek outside financing for investment must often choose their debt … by appropriate policy measures to improve information on profitable investment opportunities and about firms; to directly …

result of low investment. Latin America is poorer because of lower human capital levels and lower TFP-not because of a lower … business climate indicators converge rapidly. Poor countries without those attributes do not. We show that low investment is …