Author : Ajay Chhibber,Mansoor Dailami
Publisher : World Bank Publications
Page : 48 pages
File Size : 52,6 Mb
Release : 1990
Category : Finance, Public
ISBN : 8210379456XXX
Fiscal Policy and Private Investment in Developing Countries by Ajay Chhibber,Mansoor Dailami Pdf
The key to sustained recovery in developing countries is the revival of private investment. This revival requires a coordinated set of credible policies - fiscal, exchange rate, tax, and public expenditure restructuring. In several countries the debt overhang is also an obstacle to achieving that credibility.