Trends in Private Investment in Developing Countries : Statistics for 1970-2000 and the Impact on Private Investment of Corruption and the Quality of Public Investment
The report is part of the continued investigation on the public-private investment relationship, and its focus for this year is on the quality of public investment, its interaction with corruption, and the resulting impact on private investment. Th...
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Washington, DC: World Bank and the International Finance Corporation
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2001/09/1620972/trends-private-investment-developing-countries-statistics-1970-2000-impact-private-investment-corruption-quality-public-investment http://hdl.handle.net/10986/13989 |
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okr-10986-139892021-04-23T14:03:10Z Trends in Private Investment in Developing Countries : Statistics for 1970-2000 and the Impact on Private Investment of Corruption and the Quality of Public Investment Everhart, Stephen S. Sumlinski, Mariusz A. ACTS CD COPYRIGHT CORRUPTION COST-BENEFIT ANALYSES CROWDING OUT CURRENT ACCOUNT CURRENT ACCOUNT DEFICIT DEMOCRATIC COUNTRIES DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPING ECONOMIES ECONOMETRIC ANALYSIS ECONOMETRICS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMICS LITERATURE EMERGING ECONOMIES EMERGING MARKETS EMPIRICAL ANALYSIS EXPENDITURES EXTERNAL DEBT FINANCIAL ASSISTANCE FINANCIAL CRISIS GDP INCOME INDUSTRIAL COUNTRIES INTELLECTUAL PROPERTY INVESTMENT GROWTH LABOR REGULATIONS LONG TERM MARGINAL PRODUCTIVITY MEMBER COUNTRIES PRIVATE INVESTMENT PRIVATE INVESTORS PRIVATE SECTOR PUBLIC FINANCE PUBLIC INVESTMENT PUBLIC REVENUES PUBLIC SECTOR PUBLIC SERVICES REAL EXCHANGE REAL EXCHANGE RATE REGIONAL TRENDS RULE OF LAW SAVINGS SUSTAINABLE DEVELOPMENT TECHNOLOGY TRANSFER TELECOMMUNICATIONS TIME SERIES PRIVATE INVESTMENTS DEVELOPING COUNTRIES CORRUPTION PUBLIC INVESTMENTS PUBLIC-PRIVATE PARTNERSHIPS QUALITY STANDARDS GROSS DOMESTIC PRODUCT STATISTICAL DATA ECONOMIC GROWTH SUSTAINABLE DEVELOPMENT The report is part of the continued investigation on the public-private investment relationship, and its focus for this year is on the quality of public investment, its interaction with corruption, and the resulting impact on private investment. The first chapter provides statistics on trends in private, and public fixed investment in sixty three developing countries, with a substantially expanded sample coverage of the Eastern Europe and Central Asia Region, as well as some smaller economies of the Latin America and Caribbean Region. On average, the ratio of private investment to GDP, declined in 1999 compared to 1998, while public investment increased in simple average terms, and remained at 1998 levels in weighted average terms. The 1999 decline brings investment ratios back to their 1995 level, and, preliminary (incomplete) estimates for 2000, suggest that private investment may be poised for a return to growth. The second chapter examines whether higher levels of public investment are associated with higher, or lower levels of private investment, the impact of corruption on this relationship, and the long-run implications for growth, and sustainable development. The paper is consistent with the hypothesis that corruption lowers the quality of public investment, and that this reduced quality is associated with lower private investment. 2013-06-17T21:03:11Z 2013-06-17T21:03:11Z 2001-09 http://documents.worldbank.org/curated/en/2001/09/1620972/trends-private-investment-developing-countries-statistics-1970-2000-impact-private-investment-corruption-quality-public-investment 0-8213-5010-2 http://hdl.handle.net/10986/13989 English en_US IFC Discussion Paper;No. 44 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo/ World Bank Washington, DC: World Bank and the International Finance Corporation Publications & Research :: Publication Publications & Research :: Publication |
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Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
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World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACTS CD COPYRIGHT CORRUPTION COST-BENEFIT ANALYSES CROWDING OUT CURRENT ACCOUNT CURRENT ACCOUNT DEFICIT DEMOCRATIC COUNTRIES DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPING ECONOMIES ECONOMETRIC ANALYSIS ECONOMETRICS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMICS LITERATURE EMERGING ECONOMIES EMERGING MARKETS EMPIRICAL ANALYSIS EXPENDITURES EXTERNAL DEBT FINANCIAL ASSISTANCE FINANCIAL CRISIS GDP INCOME INDUSTRIAL COUNTRIES INTELLECTUAL PROPERTY INVESTMENT GROWTH LABOR REGULATIONS LONG TERM MARGINAL PRODUCTIVITY MEMBER COUNTRIES PRIVATE INVESTMENT PRIVATE INVESTORS PRIVATE SECTOR PUBLIC FINANCE PUBLIC INVESTMENT PUBLIC REVENUES PUBLIC SECTOR PUBLIC SERVICES REAL EXCHANGE REAL EXCHANGE RATE REGIONAL TRENDS RULE OF LAW SAVINGS SUSTAINABLE DEVELOPMENT TECHNOLOGY TRANSFER TELECOMMUNICATIONS TIME SERIES PRIVATE INVESTMENTS DEVELOPING COUNTRIES CORRUPTION PUBLIC INVESTMENTS PUBLIC-PRIVATE PARTNERSHIPS QUALITY STANDARDS GROSS DOMESTIC PRODUCT STATISTICAL DATA ECONOMIC GROWTH SUSTAINABLE DEVELOPMENT |
| spellingShingle |
ACTS CD COPYRIGHT CORRUPTION COST-BENEFIT ANALYSES CROWDING OUT CURRENT ACCOUNT CURRENT ACCOUNT DEFICIT DEMOCRATIC COUNTRIES DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPING ECONOMIES ECONOMETRIC ANALYSIS ECONOMETRICS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMICS LITERATURE EMERGING ECONOMIES EMERGING MARKETS EMPIRICAL ANALYSIS EXPENDITURES EXTERNAL DEBT FINANCIAL ASSISTANCE FINANCIAL CRISIS GDP INCOME INDUSTRIAL COUNTRIES INTELLECTUAL PROPERTY INVESTMENT GROWTH LABOR REGULATIONS LONG TERM MARGINAL PRODUCTIVITY MEMBER COUNTRIES PRIVATE INVESTMENT PRIVATE INVESTORS PRIVATE SECTOR PUBLIC FINANCE PUBLIC INVESTMENT PUBLIC REVENUES PUBLIC SECTOR PUBLIC SERVICES REAL EXCHANGE REAL EXCHANGE RATE REGIONAL TRENDS RULE OF LAW SAVINGS SUSTAINABLE DEVELOPMENT TECHNOLOGY TRANSFER TELECOMMUNICATIONS TIME SERIES PRIVATE INVESTMENTS DEVELOPING COUNTRIES CORRUPTION PUBLIC INVESTMENTS PUBLIC-PRIVATE PARTNERSHIPS QUALITY STANDARDS GROSS DOMESTIC PRODUCT STATISTICAL DATA ECONOMIC GROWTH SUSTAINABLE DEVELOPMENT Everhart, Stephen S. Sumlinski, Mariusz A. Trends in Private Investment in Developing Countries : Statistics for 1970-2000 and the Impact on Private Investment of Corruption and the Quality of Public Investment |
| relation |
IFC Discussion Paper;No. 44 |
| description |
The report is part of the continued
investigation on the public-private investment relationship,
and its focus for this year is on the quality of public
investment, its interaction with corruption, and the
resulting impact on private investment. The first chapter
provides statistics on trends in private, and public fixed
investment in sixty three developing countries, with a
substantially expanded sample coverage of the Eastern Europe
and Central Asia Region, as well as some smaller economies
of the Latin America and Caribbean Region. On average, the
ratio of private investment to GDP, declined in 1999
compared to 1998, while public investment increased in
simple average terms, and remained at 1998 levels in
weighted average terms. The 1999 decline brings investment
ratios back to their 1995 level, and, preliminary
(incomplete) estimates for 2000, suggest that private
investment may be poised for a return to growth. The second
chapter examines whether higher levels of public investment
are associated with higher, or lower levels of private
investment, the impact of corruption on this relationship,
and the long-run implications for growth, and sustainable
development. The paper is consistent with the hypothesis
that corruption lowers the quality of public investment, and
that this reduced quality is associated with lower private investment. |
| format |
Publications & Research :: Publication |
| author |
Everhart, Stephen S. Sumlinski, Mariusz A. |
| author_facet |
Everhart, Stephen S. Sumlinski, Mariusz A. |
| author_sort |
Everhart, Stephen S. |
| title |
Trends in Private Investment in Developing Countries : Statistics for 1970-2000 and the Impact on Private Investment of Corruption and the Quality of Public Investment |
| title_short |
Trends in Private Investment in Developing Countries : Statistics for 1970-2000 and the Impact on Private Investment of Corruption and the Quality of Public Investment |
| title_full |
Trends in Private Investment in Developing Countries : Statistics for 1970-2000 and the Impact on Private Investment of Corruption and the Quality of Public Investment |
| title_fullStr |
Trends in Private Investment in Developing Countries : Statistics for 1970-2000 and the Impact on Private Investment of Corruption and the Quality of Public Investment |
| title_full_unstemmed |
Trends in Private Investment in Developing Countries : Statistics for 1970-2000 and the Impact on Private Investment of Corruption and the Quality of Public Investment |
| title_sort |
trends in private investment in developing countries : statistics for 1970-2000 and the impact on private investment of corruption and the quality of public investment |
| publisher |
Washington, DC: World Bank and the International Finance Corporation |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2001/09/1620972/trends-private-investment-developing-countries-statistics-1970-2000-impact-private-investment-corruption-quality-public-investment http://hdl.handle.net/10986/13989 |
| _version_ |
1764424985932201984 |