Pfeffermann, Guy P.; Kisunko, Gregory; Sumlinski, Mariusz A. - 2000
The first part of the discussion paper documents trends in private and public fixed investment. On average for the 47 … countries covered (including, for the first time in this series, China), 1997 was a record year for private investment, which … investment declined to 7.2 percent of GDP, its lowest level since 1975. The largest 1997 increases in private investment were in …