Investment, Growth and Employment by Ciaran Driver

Investment, Growth and Employment by Ciaran Driver

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Summary

This volume presents studies to explain international investment behaviour and assess its impact on growth and jobs. The authors also examine policy measures to reverse the climate of low investment that has characterised recent years

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Investment, Growth and Employment by Ciaran Driver

Investment - in both facilities and know-how - is essential for growth. Economists try to understand the forces that determine investment, but investment behaviour is unruly; often the term animal spirits is used to explain the resulting volatility. This volume presents studies to explain international investment behaviour and assess its impact on growth and jobs. The authors also examine policy measures to reverse the climate of low investment that has characterised recent decades. The contributors examine how well standard models of investment work, the role of finance constraints, the effect of risk and uncertainty, the impact of alternative forms of corporate governance, the forces shaping the adoption of new technology, the impact of foreign direct investment, the effect of investment on the NAIRU and the causal structure of investment and growth. Editors introductions to the different sections of the book provide comprehensive overviews of the main theories of investment, the impact of investment on growth and employment and examine the main questions raised for policy makers.
SKU Unavailable
ISBN 13 9780415197809
ISBN 10 0415197805
Title Investment, Growth and Employment
Author Ciaran Driver
Condition Unavailable
Binding Type Paperback
Publisher Taylor & Francis Ltd
Year published 1999-09-16
Number of pages 384
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.