01483cas a2200241 a 4500 AALejournalIMF000669 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451852240 1018-5941 BD-DhAAL BD-DhAAL Vamvakidis, Athanasios. Explaining Investment in the WAEMU / Athanasios Vamvakidis. Washington, D.C. : International Monetary Fund, 1998. 1 online resource (23 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper estimates an empirical model for investment in the West African Economic and Monetary Union (WAEMU), a region with relatively low investment shares, using annual data for the period 1970-95. Cross-country and time-series evidence shows that openness to international trade, competition in the domestic market, freedom of international capital transactions, and low dependency ratios are positively correlated with investment in the WAEMU region. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1998/099 Full text available on IMF http://elibrary.imf.org/view/journals/001/1998/099/001.1998.issue-099-en.xml IMF e-Library