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020 a| 9780821324844;

020 a| 0821324845 (Trade Paper)c| USD 22.00 Retail Price (Publisher)9| Out of Print;

024 3 a| 9780821324844;

035 a| (WaSeSS)ssj0000089701;

037 a| 12484b| 00028989;

040 a| BIP USd| WaSeSS;

049 a| EREEa| NEHH;

100 1 a| Serven, Luise| Editor4| edt=| ^A413800;

245 10 a| Striving for Growth after Adjustmenth| [electronic resource]:b| The Role of Capital Formation;

260 a| Washington : b| World Bank Publications;

300 a| 298 p.c| 24.000 x 016.000 cm.;

440 0 a| Other World Bank Bks.;

506 a| Available only to authorized users.;

520 8 a| Annotationb| The debt crisis of the early 1980s and the resulting economic collapse led many developing countries to undertake structural adjustment programs. Success is judged by sustainable economic growth, which often depends on the degree to which public and, in particular, private investment is spurred by the reforms. Paradoxically, this investment response often hinges on whether adjustment is perceived as permanent and whether the reforms are expected to generate growth. This volume explores the impact of adjustment and reform on capital formation and economic growth, drawing on both econometric analyses and recent developing country experiences. The monograph first surveys recent work on the topic of investment and adjustment. The second part analyzes empirical evidence, mainly from East Asia and Latin America, of the effect on investment of external shocks, debt crises, and structural adjustment. The collection concludes with a panel discussion by leading experts on appropriate policies for renewing investment initiatives. The contributors examine the macroeconomic reasons for the substantial reduction in capital formation in the developing countries during the 1980s. They evaluate the effects on private investment of economic instability, public sector investment levels, and external debt. They also examine why private investors often adopt a �wait-and-see� attitude during structural adjustment. The conclusion is that building investors� confidence through stable macroeconomic policy is the most effective way to promote private investment.;

538 a| Mode of access: World Wide Web;

650 4 a| Saving and Investment;

650 4 a| Developing Countries;

650 4 a| Investmentsx| Developing Countries;

655 0 a| Electronic books.=| ^A491897;

700 1 a| Solimano, Andrése| Editor4| edt=| ^A350207;

856 40 z| Full text available from eBooks on EBSCOhostu| https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=33092&scope=site&custid=s5822723&authtype=ip,shib;

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999 a| CLICK ON WEB ADDRESSw| ASISc| 1i| 5712906-3001l| MNETm| JMUSICr| Ys| Yt| MNESSBKu| 9/21/2021x| EBOOKz| JERESOURCE;

Striving for Growth after Adjustment The Role of Capital Formation

Author/creator	Serven, Luis Editor
Other author	Solimano, Andrés Editor
Format	Electronic
Publication Info	Washington : World Bank Publications
Description	298 p. 24.000 x 016.000 cm.
Supplemental Content	Full text available from eBooks on EBSCOhost
Subjects	Saving and Investment Developing Countries Investments--Developing Countries.

Series	Other World Bank Bks.
Summary	Annotation The debt crisis of the early 1980s and the resulting economic collapse led many developing countries to undertake structural adjustment programs. Success is judged by sustainable economic growth, which often depends on the degree to which public and, in particular, private investment is spurred by the reforms. Paradoxically, this investment response often hinges on whether adjustment is perceived as permanent and whether the reforms are expected to generate growth. This volume explores the impact of adjustment and reform on capital formation and economic growth, drawing on both econometric analyses and recent developing country experiences. The monograph first surveys recent work on the topic of investment and adjustment. The second part analyzes empirical evidence, mainly from East Asia and Latin America, of the effect on investment of external shocks, debt crises, and structural adjustment. The collection concludes with a panel discussion by leading experts on appropriate policies for renewing investment initiatives. The contributors examine the macroeconomic reasons for the substantial reduction in capital formation in the developing countries during the 1980s. They evaluate the effects on private investment of economic instability, public sector investment levels, and external debt. They also examine why private investors often adopt a �wait-and-see� attitude during structural adjustment. The conclusion is that building investors� confidence through stable macroeconomic policy is the most effective way to promote private investment.
Access restriction	Available only to authorized users.
Technical details	Mode of access: World Wide Web
Genre/form	Electronic books.
ISBN	9780821324844
ISBN	0821324845 (Trade Paper) Out of Print
Standard identifier#	9780821324844
Stock number	12484 00028989

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Striving for Growth after Adjustment The Role of Capital Formation

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