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Global modeling has evolved remarkable in the last two decades. Such evolution led global modeling to perform today's role as an experimental laboratory for the social sciences, and particularly for applications to policy planning. Two of the most interesting applications to policy are to...
Persistent link: https://www.econbiz.de/10005623330
Paper introduces mathematical models describing long-time effects of real savings on economic growth. Models are built … equations. Modeling results show a limited long-run economic growth for occasional and constant-rate systematic internal savings …, a steady long-run economic growth if acceleration rate of internal savings lies within the proper limit for every …
Persistent link: https://www.econbiz.de/10005836790
Abstract The sub-optimal savings propensity in South Africa the past three decades causes concern for the ability of … the country to support its economic development. An historical analysis of the development of the savings’ trends in South … economic activity in the Cape Colony very little is known about the role financial sector development and savings played in the …
Persistent link: https://www.econbiz.de/10011260668
The objective of this article is to identify the nature of the relationship between the financial sphere and the productive sphere. First, disclosing the various theoretical and empirical studies on the so-called relationship, then highlighting the nature of the relationship between the two...
Persistent link: https://www.econbiz.de/10011171775
Savers, including pension savers, convert savings into assets: homes,government bonds and shares.The conversion of … savings is for the very long term. Once monies are turned into assets, the reverse process of turning assets into cash cannot …
Persistent link: https://www.econbiz.de/10011111570
savings in our model to evaluate the sustainability of the system. …
Persistent link: https://www.econbiz.de/10005621602
One of the challenges face a country or firm when deciding to lend a foreign country or firm is how to appraise the creditworthiness of that firm or country? It is experienced and commonly use of credit ratings established by Credit Rating Agencies (Moody’s, Standard and Poor’s and Pitch) as...
Persistent link: https://www.econbiz.de/10011259511
This paper cuts adrift the mainstream approach to the legal-origins debate on the law-growth nexus by integrating both overall economic and human components in our understanding of how regulation quality and the rule of law lie at the heart of economic and inequality adjusted human developments....
Persistent link: https://www.econbiz.de/10009325593
The ultimate objective of the present paper is to empirically investigate the effectiveness of competition policy in developed and developing countries. Although its importance is continuously increasing, the effectiveness of competition policy still seems to lack the attention that it would...
Persistent link: https://www.econbiz.de/10011109090
In this article, long term data is analyzed for the total growth of the world economy and the growth of developed (G7) and of the rapid developing economies. BRICS countries are known countries with their meetings since 2008. Rapidly developing countries such as Mexico, Argentina, Turkey,...
Persistent link: https://www.econbiz.de/10011110141