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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Johnson, Omotunde
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 1997.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 1997/148
Online Zugang:Full text available on IMF