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|c 5.00 USD
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|z 9781451922523
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|a 1018-5941
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|c BD-DhAAL
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|a Ghura, Dhaneshwar.
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|a Public Policies and Private Savings and Investment in Sub-Saharan Africa :
|b An Empirical Investigation /
|c Dhaneshwar Ghura, Michael Hadjimichael.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 1995.
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|a 1 online resource (48 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a This paper assesses empirically the role of public policies in stimulating private savings and investment in sub-Saharan African countries, based on data for the period 1986-92. The main findings of the analysis are as follows: (i) policies effective in stimulating private savings and investment include those that keep the rate of inflation low, reduce macroeconomic uncertainty, promote financial deepening, and lower the external debt burden; (ii) measures that promote structural reforms and reduce the budget deficit (without lowering government investment) help to raise private investment; and (iii) declines in government savings are only partially offset by increases in private savings.
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|a Mode of access: Internet
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|a Hadjimichael, Michael.
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|a IMF Working Papers; Working Paper ;
|v No. 1995/019
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/1995/019/001.1995.issue-019-en.xml
|z IMF e-Library
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