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A resurgence in private investment is a necessary ingredient of a sustainable recovery in heavily-indebted developing … investment until much of the residual uncertainty regarding the eventual success of the reform is eliminated. This paper shows … that even moderate amounts of policy uncertainty can act as a hefty tax on investment, and that otherwise sensible reforms …
Persistent link: https://www.econbiz.de/10013240561
A resurgence in private investment is a necessary ingredient of a sustainable recovery in heavily-indebted developing … investment until much of the residual uncertainty regarding the eventual success of the reform is eliminated. This paper shows … that even moderate amounts of policy uncertainty can act as a hefty tax on investment, and that otherwise sensible reforms …
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since the 1950s. Growth accelerations tend to be correlated with increases in investment and trade, and with real exchange …
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