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This microeconomic model of household choice reflects the fact that crop production in Sub-Saharan Africa is dominated by smallholders who allocate household labor acioss annual and perennial crops and, in some cases, to wage labor markets.
In 1985, Mexico shifted to a growth strategy based on private investment and exports rather than on import substitution and public sector investment. The policy implications of this study are that to increase investment, Mexico should follow policies aimed at reducing investment adjustment costs and increasing factor mobility and credibility in the program of structural reforms rather than at subsidizing investment.
The tax holiday -- designed to encourage capital investments -- actually penalizes long -term investments in some countries with high inflation rates and relatively fast writeoffs for depreciable capital.
Types of economic analysis. Ordering documents from ICRAF. Sample entry.