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Policy Reform, Adjustment Costs, and Investment

Policy Reform, Adjustment Costs, and Investment »

Source: Policy Reform, Adjustment Costs, and Investment : With Activity of Local Investors as a Signal

Volume/Issue: 1997/148

Series: IMF Working Papers

Author(s): Omotunde Johnson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 1997

ISBN: 9781451856781

Keywords: investors, foreign investors, foreign investment, direct investment, foreign direct investment

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 i...