Policy Reform, Adjustment Costs, and Investment : With Activity of Local Investors as a Signal /

Adjustment assistance is provided to local investors responding to policy reform and facing adjustment costs, to facilitate their activity-a signal to foreign investors about the profitability of investing in the local economy. The government, in providing assistance, maximizes its utility subject t...

Полное описание

Библиографические подробности
Главный автор: Johnson, Omotunde
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 1997.
Серии:IMF Working Papers; Working Paper ; No. 1997/148
Online-ссылка:Full text available on IMF