Effects of Macroeconomic Stabilityon Growth, Savings, and Investment in Sub-Saharan Africa : An Empirical Investigation /

The analysis of this paper indicates that the unsatisfactory overall economic performance of sub-Saharan African countries during 1986-93 was due to inappropriate policies pursued by a number of countries. The countries that have pursued broadly appropriate adjustment policies have performed much be...

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Detalhes bibliográficos
Autor principal: Ghura, Dhaneshwar
Outros Autores: Hadjimichael, Michael, Muhleisen, Martin, Ucer, E.
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1994.
Colecção:IMF Working Papers; Working Paper ; No. 1994/098
Acesso em linha:Full text available on IMF
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100 1 |a Ghura, Dhaneshwar. 
245 1 0 |a Effects of Macroeconomic Stabilityon Growth, Savings, and Investment in Sub-Saharan Africa :   |b An Empirical Investigation /  |c Dhaneshwar Ghura, E. Ucer, Martin Muhleisen, Michael Hadjimichael. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1994. 
300 |a 1 online resource (122 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a The analysis of this paper indicates that the unsatisfactory overall economic performance of sub-Saharan African countries during 1986-93 was due to inappropriate policies pursued by a number of countries. The countries that have pursued broadly appropriate adjustment policies have performed much better, achieving positive per capita GDP growth. The analysis is supported with an econometric investigation of the effects of macroeconomic policies, structural reforms, and exogenous factors on economic performance. The results indicate that progress in achieving macroeconomic stability and implementing structural reforms have been conducive to better growth, savings, and private investment. 
538 |a Mode of access: Internet 
700 1 |a Hadjimichael, Michael. 
700 1 |a Muhleisen, Martin. 
700 1 |a Ucer, E. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1994/098 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1994/098/001.1994.issue-098-en.xml  |z IMF e-Library