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020 _a0821350102
_c9.99 USD
020 _z9780821350102
024 8 _a10.1596/0-8213-5010-2
035 _a(The World Bank)128
040 _aDJBF
_beng
_cDJBF
_erda
100 1 _aEverhart, Stephen S.
_99012
245 1 0 _aTrends in Private Investment in Developing Countries :
_bStatistics for 1970-2000 /
_cEverhart, Stephen S.
264 1 _aWashington, D.C. :
_bThe World Bank,
_c2001
300 _a1 online resource (68 pages)
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _adata file
_2rda
520 3 _aThe report is part of the continued investigation on the public-private investment relationship, and its focus for this year is on the quality of public investment, its interaction with corruption, and the resulting impact on private investment. The first chapter provides statistics on trends in private, and public fixed investment in sixty three developing countries, with a substantially expanded sample coverage of the Eastern Europe and Central Asia Region, as well as some smaller economies of the Latin America and Caribbean Region. On average, the ratio of private investment to GDP, declined in 1999 compared to 1998, while public investment increased in simple average terms, and remained at 1998 levels in weighted average terms. The 1999 decline brings investment ratios back to their 1995 level, and, preliminary (incomplete) estimates for 2000, suggest that private investment may be poised for a return to growth. The second chapter examines whether higher levels of public investment are associated with higher, or lower levels of private investment, the impact of corruption on this relationship, and the long-run implications for growth, and sustainable development. The paper is consistent with the hypothesis that corruption lowers the quality of public investment, and that this reduced quality is associated with lower private investment.
588 _aDescription based on print version record.
650 4 _aAccess to Finance
_99013
650 4 _aEconomic Policy, Institutions and Governance
_99014
650 4 _aFinance and Development
_99015
650 4 _aFinance and Financial Sector Development
_99016
650 4 _aGovernance
_99017
650 4 _aMacroeconomics and Economic Growth
_99018
650 4 _aNational Governance
_99019
650 4 _aPolitics and Government
_99020
650 4 _aPublic Finance
_99021
650 4 _aPublic Sector Development
_99022
700 1 _aEverhart, Stephen S.
_99012
700 1 _aSumlinski, Mariusz A.
_99023
776 0 8 _aPrint Version:
_z9780821350102
830 0 _aWorld Bank e-Library.
_99024
856 4 0 _uhttp://elibrary.worldbank.org/doi/book/10.1596/0-8213-5010-2
999 _c3005
_d3005