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dc.contributor.authorSolimano, Andrés
dc.contributor.authorGutiérrez, Mario A.
dc.date.accessioned2014-01-02T16:11:57Z
dc.date.available2014-01-02T16:11:57Z
dc.date.issued2006-08
dc.identifier.isbn9211216044
dc.identifier.urihttp://hdl.handle.net/11362/5419
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.language.isoen
dc.publisherECLAC
dc.relation.ispartofseriesSerie Macroeconomía del Desarrollo
dc.titleSavings, investment and growth in the global age: analytical and policy issues
dc.typeTexto
dc.contributor.entityNU. CEPAL
dc.publicationstatusDisponible
dc.regionalofficeSantiago
dc.physicaldescription35 p.
dc.jobnumberS0600559 E
dc.salenumber06.II.G.114
dc.callnumberINT UN/EC 65(53/2006)
dc.callnumberLC/L.2584-P
dc.identifier.unsymbolLC/L.2584-P
dc.placeofeditionSantiago
dc.relation.ispartofseriesno53
dc.subject.spanishAHORROS
dc.subject.spanishCRECIMIENTO ECONOMICO
dc.subject.spanishGLOBALIZACION
dc.subject.spanishINVERSIONES
dc.subject.spanishMERCADOS DE CAPITAL
dc.subject.spanishSISTEMAS MONETARIOS
dc.subject.spanishRECURSOS FINANCIEROS
dc.subject.englishCAPITAL MARKETS
dc.subject.englishECONOMIC GROWTH
dc.subject.englishGLOBALIZATION
dc.subject.englishINVESTMENTS
dc.subject.englishSAVINGS
dc.subject.englishMONETARY SYSTEMS
dc.subject.englishFINANCIAL RESOURCES
dc.type.biblevelDocumento Completo
dc.doctypeSeries
dc.topic.spanishAHORRO
dc.topic.spanishSECTOR FINANCIERO Y MONETARIO
dc.topic.spanishINVERSIÓN
dc.topic.spanishASUNTOS FISCALES
dc.topic.englishSAVING
dc.topic.englishFINANCIAL AND MONETARY SECTOR
dc.topic.englishINVESTMENT
dc.topic.englishFISCAL AFFAIRS
dc.idsade26650
dc.workarea.spanishDESARROLLO ECONÓMICO
dc.workarea.spanishESTADÍSTICAS
dc.workarea.englishECONOMIC DEVELOPMENT
dc.workarea.englishSTATISTICS


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