Striving for growth after adjustment

Abstract

No AccessStand Alone Books1 Feb 2013Striving for growth after adjustmentThe role of capital formationAuthors/Editors: Luis Serven, Andres SolimanoLuis Serven, Andres Solimanohttps://doi.org/10.1596/0-8213-2484-5SectionsAboutPDF (1.4 MB) ToolsAdd to favoritesDownload CitationsTrack Citations ShareFacebookTwitterLinked In 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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