Savings, investment and growth in the global age: analytical and policy issues
Includes bibliography
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Acceso en línea: | http://hdl.handle.net/11362/5419 |
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ir-11362-54192020-03-06T16:50:27Z Savings, investment and growth in the global age: analytical and policy issues Solimano, Andrés Gutiérrez, Mario A. NU. CEPAL AHORROS CRECIMIENTO ECONOMICO GLOBALIZACION INVERSIONES MERCADOS DE CAPITAL SISTEMAS MONETARIOS RECURSOS FINANCIEROS CAPITAL MARKETS ECONOMIC GROWTH GLOBALIZATION INVESTMENTS SAVINGS MONETARY SYSTEMS FINANCIAL RESOURCES Includes bibliography One of the controversies in growth analysis is the relative role of capital accumulation and productivity growth in driving output growth. As we interpret the evidence, discussed in this paper, part of the controversy on the role of capital accumulation in the growth process is due to the time span of the analysis (growth transitions versus steady states/long run growth). In fact, the empirical importance of various growth determinants will depend on what we want explain: long run growth, say growth over half a century or a century as different from growth dynamics over one or two decades. New evidence is showing that growth fluctuations at frequencies of a decade or so are very important part of the growth story for many developing countries. Growth is an irregular and volatile process in which the same country may experience shifts in growth regimes that can entail growth take-off and booms, stagnation and/or growth collapses. In this context, investment and savings become important variables whose determinants and dynamics we want to understand for designing public policies affecting positively the rate of economic growth. 2014-01-02T16:11:57Z 2014-01-02T16:11:57Z 2006-08 Texto Documento Completo 9211216044 http://hdl.handle.net/11362/5419 LC/L.2584-P en Serie Macroeconomía del Desarrollo 53 35 páginas. application/pdf ECLAC |
institution |
CEPAL - Comisión Económica para América Latina y el Caribe |
collection |
DSpace |
language |
Inglés (English) |
topic |
AHORROS CRECIMIENTO ECONOMICO GLOBALIZACION INVERSIONES MERCADOS DE CAPITAL SISTEMAS MONETARIOS RECURSOS FINANCIEROS CAPITAL MARKETS ECONOMIC GROWTH GLOBALIZATION INVESTMENTS SAVINGS MONETARY SYSTEMS FINANCIAL RESOURCES |
spellingShingle |
AHORROS CRECIMIENTO ECONOMICO GLOBALIZACION INVERSIONES MERCADOS DE CAPITAL SISTEMAS MONETARIOS RECURSOS FINANCIEROS CAPITAL MARKETS ECONOMIC GROWTH GLOBALIZATION INVESTMENTS SAVINGS MONETARY SYSTEMS FINANCIAL RESOURCES Solimano, Andrés Gutiérrez, Mario A. Savings, investment and growth in the global age: analytical and policy issues |
description |
Includes bibliography |
author2 |
NU. CEPAL |
author_facet |
NU. CEPAL Solimano, Andrés Gutiérrez, Mario A. |
format |
Otro (Other) |
author |
Solimano, Andrés Gutiérrez, Mario A. |
author_sort |
Solimano, Andrés |
title |
Savings, investment and growth in the global age: analytical and policy issues |
title_short |
Savings, investment and growth in the global age: analytical and policy issues |
title_full |
Savings, investment and growth in the global age: analytical and policy issues |
title_fullStr |
Savings, investment and growth in the global age: analytical and policy issues |
title_full_unstemmed |
Savings, investment and growth in the global age: analytical and policy issues |
title_sort |
savings, investment and growth in the global age: analytical and policy issues |
publisher |
ECLAC |
publishDate |
2014 |
url |
http://hdl.handle.net/11362/5419 |
_version_ |
1741602386693062656 |
score |
12,131701 |