Policy Reform, Adjustment Costs, and Investment : With Activity of Local Investors as a Signal /
Adjustment assistance is provided to local investors responding to policy reform and facing adjustment costs, to facilitate their activity-a signal to foreign investors about the profitability of investing in the local economy. The government, in providing assistance, maximizes its utility subject t...
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| Format: | Tidsskrift |
| Sprog: | English |
| Udgivet: |
Washington, D.C. :
International Monetary Fund,
1997.
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| Serier: | IMF Working Papers; Working Paper ;
No. 1997/148 |
| Online adgang: | Full text available on IMF |