A significant domestic counterpart of Morocco's vigorous external adjustment in the eighties was a decline in fixed capital formation, of which the private sector bore a sizable share. The authors focus on the causes of declining private investment and on the policies required to reverse this trend. Using an eclectic framework, they econometrically determine the main determinants of private investment in Morocco. They conclude that the main causes...
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INFORMATION
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1991/10/31
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Document de travail de recherche sur les politiques
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WPS787
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1
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1
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2010/07/01
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Private investment under macroeconomic adjustment in Morocco
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private investment
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