Saving, investment and growth: recent Asian experience

Traditionally dominant economic views have been that growth is a function of investment and that investment is constrained by per capita income. The author suggests that neither assumption stands up to LDC experience. A substantial rate of investment alone does not guarantee growth, neither evidence...

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Bibliographic Details
Main Author: H.W. ARNDT
Format: Article
Language:English
Published: Associazione Economia civile 2013-10-01
Series:PSL Quarterly Review
Subjects:
Online Access:https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10648