Savings, investment and growth in the global age: analytical and policy issues

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cepal.bibLevelDocumento Completo
cepal.callNumberINT UN/EC 65(53/2006)
cepal.callNumberLC/L.2584-P
cepal.docTypeSeries
cepal.idSade26650
cepal.jobNumberS0600559 E
cepal.regionalOfficeSantiago
cepal.saleNumber06.II.G.114
cepal.topicEngSAVING
cepal.topicEngFINANCIAL AND MONETARY SECTOR
cepal.topicEngINVESTMENT
cepal.topicEngFISCAL AFFAIRS
cepal.topicSpaAHORRO
cepal.topicSpaSECTOR FINANCIERO Y MONETARIO
cepal.topicSpaINVERSIÓN
cepal.topicSpaASUNTOS FISCALES
cepal.workareaEngECONOMIC DEVELOPMENT
cepal.workareaEngSTATISTICS
cepal.workareaSpaDESARROLLO ECONÓMICO
cepal.workareaSpaESTADÍSTICAS
dc.contributor.authorGutiérrez, Mario A.
dc.contributor.authorSolimano, Andrés
dc.contributor.entityNU. CEPAL
dc.date.accessioned2014-01-02T16:11:57Z
dc.date.available2014-01-02T16:11:57Z
dc.date.issued2006-08
dc.descriptionIncludes bibliography
dc.description.abstractOne 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.
dc.formatTexto
dc.format.extent35 páginas.
dc.format.mimetypeapplication/pdf
dc.identifier.isbn9211216044
dc.identifier.unSymbolLC/L.2584-P
dc.identifier.urihttps://hdl.handle.net/11362/5419
dc.language.isoeng
dc.physicalDescription35 p.
dc.publisherECLAC
dc.publisher.placeSantiago
dc.relation.isPartOfSeriesSerie Macroeconomía del Desarrollo
dc.relation.isPartOfSeriesNo53
dc.rights.coarDisponible
dc.subject.unbisEngCAPITAL MARKETS
dc.subject.unbisEngECONOMIC GROWTH
dc.subject.unbisEngGLOBALIZATION
dc.subject.unbisEngINVESTMENTS
dc.subject.unbisEngSAVINGS
dc.subject.unbisEngMONETARY SYSTEMS
dc.subject.unbisEngFINANCIAL RESOURCES
dc.subject.unbisSpaAHORROS
dc.subject.unbisSpaCRECIMIENTO ECONOMICO
dc.subject.unbisSpaGLOBALIZACION
dc.subject.unbisSpaINVERSIONES
dc.subject.unbisSpaMERCADOS DE CAPITAL
dc.subject.unbisSpaSISTEMAS MONETARIOS
dc.subject.unbisSpaRECURSOS FINANCIEROS
dc.titleSavings, investment and growth in the global age: analytical and policy issues
dc.type.coarlibro
dspace.entity.typePublication
relation.isAuthorOfPublication5c94612f-c693-4f09-bd42-6e1b197f154a
relation.isAuthorOfPublicationd540a347-e222-48d8-99e7-53639b52854c
relation.isAuthorOfPublication.latestForDiscovery5c94612f-c693-4f09-bd42-6e1b197f154a
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