The participation of private capital in public infrastructure investment projects has been sought by many governments who perceive this as a way to overcome budgetary constraints and foster economic growth. For some types of projects, this investment may require government participation in the form of project guarantees in order to reduce the risk to the private investor, and as a consequence, ...

3.1 The challenges outlined in chapter 2 may seem daunting. But a growing number of countries are making significant improvements to their investment climates—and are being richly rewarded in faster growth and steeper poverty reductions. China, India, and Uganda, mentioned for their achievements in chapter 1, are hardly alone. Many countries have made progress in improving particular areas of t...

This paper deals with what factors facilitate development of m-commerce. The government support on building mobile infrastructure is proposed as the major factor to facilitate mcommerce success. Scholars agree that the productivity gain and industry competitiveness can be influenced by the characteristics of government IT spending. Could government-initiated infrastructure investment on mobile ...

This paper considers the effects of corruption and government spending on economic growth. It starts from an endogenous growth model and extends it to account for the detrimental effects of corruption on the potentially productive components of government spending, namely military and investment spending. The resulting model is estimated on a sample of African countries and the results show, fi...

This paper studies the effectiveness of Euro Area (EA) fiscal policy, during the recent financial crisis, using an estimated New Keynesian model with a bank. A key dimension of policy in the crisis was massive government support for banks—that dimension has so far received little attention in the macroeconomics literature. We use the estimated model to analyze the effects of bank asset losses, ...

we apply the two-sector production function developed by ram (1986) to estimate the threshold regression model for iran, concerning the effect of government size on economic growth. three government size indicators are used to find out the different threshold points. the results show a non-linear relationship of the armey curve in iran, in which the threshold effects corresponding to total gove...