Striving for growth after adjustment : The role of capital formation / Serven, Luis
Material type: TextSeries: World Bank e-LibraryPublisher: Washington, D.C. : The World Bank, 1993Description: 1 online resource (298 pages)Content type:- text
- computer
- online resource
- 0821324845
This book presents the results of about three years of work finished in early 1992 in the area of private investment and macroeconomic adjustment. Its purpose is to explore the macroeconomic determinants of investment and the causes and cures for the gap between maroeconomic adjustment and stabilization and the resumption of economic growth in developing countries, a gap that even today - 10 years after the debt crisis and the subsequent adjustment of the eighties - remains wide. This volume highlights the central role of capital formation (public and private) in the restoration of sustainable growth.
Description based on print version record.
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