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


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


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.

Suggested Citation

  • Jaspersen, F-Z & Aylward, A-H & Sumlinski, M-A, 1995. "Trends in Private Investment in Developing Countries. Statistics for 1970-94," Papers 28, World Bank - International Finance Corporation.
  • Handle: RePEc:fth:wobafi:28

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    References listed on IDEAS

    1. Corbett, Jennifer & Jenkinson, Tim, 1994. "The Financing of Industry, 1970-89: An International Comparison," CEPR Discussion Papers 948, C.E.P.R. Discussion Papers.
    2. John Mullin, 1993. "Emerging equity markets in the global economy," Quarterly Review, Federal Reserve Bank of New York, issue Sum, pages 54-83.
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    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements


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