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III Theoretical Determinants of Growth, Savings, and Investment

III Theoretical Determinants of Growth, Savings, and Investment »

Source: Sub-Saharan Africa : Growth, Savings, and Investment, 1986-93

Series: Occasional Papers

Author(s): Martin Mühleisen , Dhaneshwar Ghura , Roger Nord , Michael Hadjimichael , and E. Ucer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1995

ISBN: 9781557754585

Keywords: inflation, terms of trade, interest, debt, public debt

The Solow-Swan framework, which is at the core of neoclassical growth models, has been used extensively for empirical analyses of growth in industrial and developing countries because of its simplicity and e...

IV Empirical Determinants of Growth, Savings, and Investment

IV Empirical Determinants of Growth, Savings, and Investment »

Source: Sub-Saharan Africa : Growth, Savings, and Investment, 1986-93

Series: Occasional Papers

Author(s): Martin Mühleisen , Dhaneshwar Ghura , Roger Nord , Michael Hadjimichael , and E. Ucer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1995

ISBN: 9781557754585

Keywords: inflation, terms of trade, interest, debt, public debt

This section reports the results of an empirical investigation of the factors that influenced growth, savings, and investment in sub-Saharan Africa during 1986–92. A multiple regression framework is used to...

Sub-Saharan Africa
			: Growth, Savings, and Investment, 1986-93

Sub-Saharan Africa : Growth, Savings, and Investment, 1986-93 »

Series: Occasional Papers

Author(s): Martin Mühleisen , Dhaneshwar Ghura , Roger Nord , Michael Hadjimichael , and E. Ucer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1995

DOI: http://dx.doi.org/10.5089/9781557754585.084

ISBN: 9781557754585

Keywords: inflation, terms of trade, interest, debt, public debt

This paper assesses the economic performance during 1986-93 of sub-Saharan African countries as a group and of selected analytical subgroups of countries....

Back Matter

Back Matter »

Source: Sub-Saharan Africa : Growth, Savings, and Investment, 1986-93

Series: Occasional Papers

Author(s): Martin Mühleisen , Dhaneshwar Ghura , Roger Nord , Michael Hadjimichael , and E. Ucer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1995

ISBN: 9781557754585

Keywords: inflation, terms of trade, interest, debt, public debt

This paper assesses the economic performance during 1986-93 of sub-Saharan African countries as a group and of selected analytical subgroups of countries....

Front Matter

Front Matter »

Source: Sub-Saharan Africa : Growth, Savings, and Investment, 1986-93

Series: Occasional Papers

Author(s): Martin Mühleisen , Dhaneshwar Ghura , Roger Nord , Michael Hadjimichael , and E. Ucer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1995

ISBN: 9781557754585

Keywords: inflation, terms of trade, interest, debt, public debt

This paper assesses the economic performance during 1986-93 of sub-Saharan African countries as a group and of selected analytical subgroups of countries....

V Conclusions and Policy Implications

V Conclusions and Policy Implications »

Source: Sub-Saharan Africa : Growth, Savings, and Investment, 1986-93

Series: Occasional Papers

Author(s): Martin Mühleisen , Dhaneshwar Ghura , Roger Nord , Michael Hadjimichael , and E. Ucer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1995

ISBN: 9781557754585

Keywords: inflation, terms of trade, interest, debt, public debt

The analysis of this paper has demonstrated that the poor economic performance of sub-Saharan African countries as a group since the mid-1980s has stemmed primarily from differences in the policies pursued b...

Economic Adjustment in Low-Income Countries
			: Experience Under the Enhanced Structural Adjustment Facility

Economic Adjustment in Low-Income Countries : Experience Under the Enhanced Structural Adjustment Facility »

Series: Occasional Papers

Author(s): F. Rozwadowski , Siddharth Tiwari , David Robinson , and Susan Schadler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 June 1993

DOI: http://dx.doi.org/10.5089/9781557753366.084

ISBN: 9781557753366

Keywords: current account, export prices, export volume, external debt, terms of trade

This paper evaluates progress made under ESAF-supported programs in attaining external viability, restoring economic growth, and implementing structural reforms. Performance is evaluated for 19 countries that enter...

Front Matter

Front Matter »

Source: Economic Adjustment in Low-Income Countries : Experience Under the Enhanced Structural Adjustment Facility

Series: Occasional Papers

Author(s): F. Rozwadowski , Siddharth Tiwari , David Robinson , and Susan Schadler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 June 1993

ISBN: 9781557753366

Keywords: current account, export prices, export volume, external debt, terms of trade

This paper evaluates progress made under ESAF-supported programs in attaining external viability, restoring economic growth, and implementing structural reforms. Performance is evaluated for 19 countries that enter...

I. Introduction

I. Introduction »

Source: Economic Adjustment in Low-Income Countries : Experience Under the Enhanced Structural Adjustment Facility

Series: Occasional Papers

Author(s): F. Rozwadowski , Siddharth Tiwari , David Robinson , and Susan Schadler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 June 1993

ISBN: 9781557753366

Keywords: current account, export prices, export volume, external debt, terms of trade

Following broadly satisfactory growth, inflation, and external performance during the 1960s and 1970s, many low-income countries encountered serious economic difficulties in the early 1980s. These problems f...

II. The Setting

II. The Setting »

Source: Economic Adjustment in Low-Income Countries : Experience Under the Enhanced Structural Adjustment Facility

Series: Occasional Papers

Author(s): F. Rozwadowski , Siddharth Tiwari , David Robinson , and Susan Schadler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 June 1993

ISBN: 9781557753366

Keywords: current account, export prices, export volume, external debt, terms of trade

The economic and social structures of the 19 countries under review made them unusually vulnerable to adverse weather and world market conditions as well as poor domestic financial policies. Incomes per capi...