development tool for many local governments. Often local job creation policies focus on increasing capital through grants, low …-interest financing, and other economic development incentives. Theory predicts that capital subsidies induce firm behaviors that limit …-year county panels to test theoretical predictions on county capital expenditure and input mixes as well as industry establishment …

The private sector and public authorities both need access to capital for investment, job creation and growth. For a … number of reasons, explained in this book, Southern Africa suffers from disproportionately expensive capital and this is … partners on reducing the cost of capital in the region. It provides insight into the nature of the problem of the cost of …

Southern Africa suffers from disproportionately expensive capital and this is denying the region its full growth … capital in the region. It thus provides a unique insight into the nature of the problem of the cost of capital in Southern … strategies for reducing capital cost, outlining measures suitable for government and private actors. "This collection makes a …