Investment, Growth, and Employment Perspectives for Policy

This book examines international investment behaviour and assesses 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 explore key issues including: * 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 editors introductions to each section 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.