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The Impact Of Public And Private Investments On The Namibian Economy- An Empirical Analysis


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  • Ravinder RENA

    (Editor-in-Chief, International Journal of Education Economics and Development (IJEED) and Coordinator, Joint African Master's Programme, Harold Pupkewitz Graduate School of Business, Polytechnic of Namibia)

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    Public and private investment plays a significant role in extension of opportunities for earning higher incomes as well as the consumption of improved quality goods and services to the people of Namibia. Namibia has a free market economy with a strong tradition of central government planning to provide infrastructure for private investment. The economy has grown rapidly since the mid-1980s, with the gross domestic product per capita increasing more than a hundredfold. This article investigates the impact of public and private investment on Namibia’s economic performance during the period 1990-2008. It was also found that the GDP growth declined from 6.8 per cent in 2006 to 5.2 per cent in 2008. The article provides some policy implications based on the results.

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    Bibliographic Info

    Article provided by Alexandru Ioan Cuza University, Faculty of Economics and Business Administration in its journal Review of Economic and Business Studies.

    Volume (Year): (2011)
    Issue (Month): 7 (May)
    Pages: 59-78

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    Handle: RePEc:aic:revebs:y:2011:i:7:renar

    Contact details of provider:
    Postal: Universitatea Al. I. Cuza; B-dul Carol I nr. 22; Iasi
    Phone: 004 0232 201070
    Fax: 004 0232 217000
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    Related research

    Keywords: Private Public Investments; Economic growth; Namibia; Education; health; competitiveness;

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