Showing 1 - 10 of 556
" ) corruption and the rent-seeking incentives of lower level officials. It argues that a significant obstacle to investment … less likely is investment …
Persistent link: https://www.econbiz.de/10012968198
This paper investigates empirically the linkages between corporate debt overhang and investment activity at the firm … investment may be discouraged by high levels of debt that put at risk future profits, as well as firm dimensions that may sharpen … the debt-investment link. Using balance sheet data from a broad set of emerging market and developing economy firms, the …
Persistent link: https://www.econbiz.de/10012912279
International financial institutions (IFIs) generally enjoy preferred creditors treatment (PCT). Although PCT rarely appears in legal contracts, when sovereigns restructure bilateral or commercial debts they normally pay IFIs in full. This paper presents a model where a creditor, such as an IFI,...
Persistent link: https://www.econbiz.de/10012865437
pronounced in countries with better corporate governance standards and education. Buyout investment responds to these factors … more so than foreign direct investment and gross domestic fixed investment …
Persistent link: https://www.econbiz.de/10012838894
Evidence shows that foreign direct investment can provide many benefits to host countries, including productivity … better integration with global value chains. Nonetheless, these benefits are not automatic. Investment policies are required … to maximize the potential gains of foreign direct investment. One challenge is that there are different kinds of foreign …
Persistent link: https://www.econbiz.de/10012970841
This paper considers institutional and structural factors associated with investment activity in a panel of up to 129 … developed and developing countries. It introduces these factors to a standard neoclassical investment function for open …, institutional quality tends to survive as the causal determinant of investment …
Persistent link: https://www.econbiz.de/10012974036
compatible" -- future. However, private investment will only flow at the scale and pace necessary if it is supported by clear …, credible, and long-term policy frameworks that shift the risk-reward balance in favor of less carbon-intensive investment. The … lower investment risk. Barriers to low carbon investments often include unclear and inconsistent energy policies, monopoly …
Persistent link: https://www.econbiz.de/10012974955
Capital is a fundamental component of agricultural production, and the accumulation of capital is key to growth in agriculture and the process of development. Unfortunately, cross-country data sets on agricultural fixed capital are rare. Using a common methodology that allows comparisons across...
Persistent link: https://www.econbiz.de/10012976296
This paper investigates the potential benefits for a country from investing in data transparency. The paper shows that increased data transparency can bring substantive returns in lower costs of external borrowing. This result is obtained by estimating the impact of public data transparency on...
Persistent link: https://www.econbiz.de/10012842575
Investment growth in many emerging market and developing economies (EMDEs) has slowed sharply since 2010. Investment … investment growth in six EMDE regions, documents remaining investment needs, especially for infrastructure, and presents a set of … region-specific policy responses to address these needs. It reports three main findings. First, investment growth has been …
Persistent link: https://www.econbiz.de/10012961220