Fiscal Policy and Private Investment in Developing Countries: Recent Evidence on Key Selected Issues, Volume 559
Ajay Chhibber · Mansoor Dailami
Jan 1990 · World Bank Publications
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About this ebook
The key to sustained recovery in developing countries is the revival of private investment. This revival requires a coordinated set of credible policies - fiscal, exchange rate, tax, and public expenditure restructuring. In several countries the debt overhang is also an obstacle to achieving that credibility.
The key to sustained recovery in developing countries is the revival of private investment. This revival requires a coordinated set of credible policies - fiscal, exchange rate, tax, and public expenditure restructuring. In several countries the debt overhang is also an obstacle to achieving that...
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