000 02872cam a22004334a 4500
001 128
003 The World Bank
005 20260707185149.0
006 m d
007 cr cn|||||||||
008 020129s2001 dcu o i001 0 eng
020 _a0821350102
_c9.99 USD
020 _z9780821350102
024 8 _a10.1596/0-8213-5010-2
035 _a(The World Bank)128
090 _c167499
_d138751
100 1 _aEverhart, Stephen S.
_9204621
245 1 0 _aTrends in Private Investment in Developing Countries:
_h[electronic resource]
_bStatistics for 1970-2000
_cStephen S. Everhart
260 _aWashington, D.C. :
_bThe World Bank,
_c2001
300 _a1 online resource (68 p.)
520 _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
650 4 _aEconomic Policy, Institutions and Governance
_9204622
650 4 _aFinance and Development
_9204623
650 4 _aFinance and Financial Sector Development
650 4 _aGovernance
_98438
650 4 _aMacroeconomics and Economic Growth
650 4 _aNational Governance
_9204345
650 4 _aPolitics and Government
_917930
650 4 _aPublic Finance
_97050
650 4 _aPublic Sector Development
_9204245
700 1 _aEverhart, Stephen S.
_9204621
700 1 _aSumlinski, Mariusz A.
_9204433
776 0 8 _aPrint Version:
_z9780821350102
830 0 _aWorld Bank e-Library.
856 4 0 _uhttp://elibrary.worldbank.org/content/book/9780821350102
942 _cEBK
999 _c167499
_d138751