Saving, investment, and growth in developing countries
an overview
by Klaus Schmidt-Hebbel
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Congresses, Economic policy, Saving and investmentPlaces
Developing countriesShowing 1 featured edition. View all 1 editions?
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Saving, investment, and growth in developing countries: an overview
1994, World Bank, Policy Research Dept., Macroeconomics and Growth Division
in English
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Edition Notes
Includes bibliographical references (p. 42-48).
"The most effective way to promote investment, innovation, and growth is to provide a supportive policy environment and institutions. The essentials are macroeconomic stability, undistorted prices, well-defined and well-enforced property rights, an environment that keeps business costs low, and political institutions that foster social consensus and political stability. Government should also provide adequate infrastructure and human capital investment-- whether as public projects or with the halp of the private sector"--Cover.
"This paper was presented at the conference 'Economic Growth and Long-Term Development' held in El Escorial, July 11-13, 1994."
"November 1994"--Cover.
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