This paper aims to investigate the relationship between financial liberalization on the one hand and saving, investment … investment (although there are some signs to believe that liberalization may actually reduce rather than increase domestic saving …), whereas it is positively associated with private investment, as well as with per capita GDP growth. We find a negative …

This paper analyses the impact of fiscal policy on private investment for a sample of thirty-three LDCs. The paper … first attempt to analyse the existence of a non-linear relationship between fiscal policy variables and investment. Moreover …, we explicitly focus on different aspects of fiscal policy and their influence on investment, instead of only looking at …