Striving for growth after adjustment : The role of capital formation / Serven, Luis

By:

Serven, Luis

Contributor(s):

Material type: Text

TextSeries: World Bank e-LibraryPublisher: Washington, D.C. : The World Bank, 1993Description: 1 online resource (298 pages)Content type:

text

Media type:

computer

Carrier type:

online resource

ISBN:

0821324845

Subject(s):

Additional physical formats: Print Version:Online resources:

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Abstract: 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.

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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.

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