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Trends in Private Investment in Developing Countries. Statistics for 1970-94

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  • Jaspersen, F-Z
  • Aylward, A-H
  • Sumlinski, M-A
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    Abstract

    During the 1980s, the correction of external imbalances in developing countries was, for the most part, accompanied by large cuts in investment rather than increases in domestic savings. Lower levels of investment were accompanied by lower growth rates. Many heavily indebted and other economically troubled countries implemented comprehensive stabilization and structural adjustment programs under the guidance of the World Bank and the IMF that were designed to restore government budget and external current account balances while realiging resource allocation in national economies toward internationally competitive prices structures.

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    Bibliographic Info

    Paper provided by World Bank - International Finance Corporation in its series Papers with number 28.

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    Length: 50 pages
    Date of creation: 1995
    Date of revision:
    Handle: RePEc:fth:wobafi:28

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    Postal: The World Bank; International Finance Corporation, 1818 H Street, N.W. Washington, D.C. 20433, U.S.A.
    Phone: 1 (202) 477-1234
    Fax: 1 (202) 974-4384
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    Keywords: INTERNATIONAL INVESTMENT ; CAPITAL MOVEMENTS ; DEVELOPING COUNTRIES;

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