000			03183nam a2200253Ia 4500
001			0000003791
005			20251012174432.0
008			020129s2001 dcu o i001 0 eng d
020			_a0821350102
020			_a9780821350102
020			_z9780821350102
245	1	0	_aTrends in Private Investment in Developing Countries _h[electronic resource] _bStatistics for 1970-2000 _cStephen S. Everhart.
260			_aWashington, D.C. _bThe World Bank _c2001.
300			_a1 online resource (68 p.)
520			_aThe report is part of the continued investigation on the public-private investment relationship, and its focus for this year is on the quality of public investment, its interaction with corruption, and the resulting impact on private investment. The f irst chapter provides statistics on trends in private, and public fixed investment in sixty three developing countries, with a substantially expanded sample coverage of the Eastern Europe and Central Asia Region, as well as some smaller economies of the Latin America and Caribbean Region. On average, the ratio of private investment to GDP, declined in 1999 compared to 1998, while public investment increased in simple average terms, and remained at 1998 levels in weighted average terms. The 1999 decline brings investment ratios back to their 1995 level, and, preliminary (incomplete) estimates for 2000, suggest that private investment may be poised for a return to growth. The second chapter examines whether higher levels of public investment are associated with higher, or lower levels of private investment, the impact of corruption on this relationship, and the long-run implications for growth, and sustainable development. The paper is consistent with the hypothesis that corruption lowers the quality of public investment, and that this reduced quality is associated with lower private investment.
650		0	_aFinance, Public.
650		0	_aPolitical science.
830		0	_aWorld Bank e-Library.
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856	4	0	_3World Bank e-Library _uhttps://elibrary.worldbank.org/content/book/9780821350102
999			_c3390 _d3390