Suchergebnisse

The paper presents the theory of investment in the context with the Austrian theory of the trade cycle. The cycles are caused by interference with the natural rate of interest. They start with an increase in money supply through credit expansion. Firms use the money to finance capital goods (or consumers to finance consumption goods). This changes the capital structure and may result in booms and slumps. The same result can have stimulation of investment through tax cuts and similar measures which are intended to increase investment and employment. It gives rise to malinvestments which have to be removed by desinvestment process.

Increased investment in large-scale agricultural, forestry, and fishing projects has raised concerns about pressures on lands and natural resources, and the negative impacts these investments can have when poorly regulated and irresponsibly operated. New disputes between investors and states concerning these investments have sparked commentary regarding the potentially chilling effects they may have on effective regulation of inward investment. At the same time, public and private investments in agriculture are identified as global priorities in the sustainable Development goals. Policy-makers are therefore seeking to facilitate investments in agriculture to advance food security, nutrition, equality, climate and other sustainable development objectives.

"GAO/OCG-93-15TR." ; "December 1992." ; Shipping list no.: 93-0023-P. ; Cover title. ; Includes bibliographical references (p. 31-32). ; Mode of access: Internet.