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

Listed author(s):
  • 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)

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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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
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Universitatea Al. I. Cuza; B-dul Carol I nr. 22; Iasi

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