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When households increase their deposits in formal bank savings accounts, what is the source of the money? High … deposits directly from households each week. In this context, the headwaters of formal savings are to be found in sacrificed … leisure time: households work more and work more on the wage market when savings options improve. These results suggest that …
Persistent link: https://www.econbiz.de/10010961566
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Working paper on relationships between industrialization, employment, basic needs and social welfare programmes in Sri Lanka. Identifies target groups among the poverty stricken, partic. agricultural workers, and peasant farmers. Examines labour force participation. Presents an evaluation of Sri...
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Government expenditure is one of the key fiscal policy variables that can influence economic growth in any country. Empirical studies examining the impact of government expenditure on economic growth have been heavily debated in recent years, in both developed and developing countries, and most...
Persistent link: https://www.econbiz.de/10010942962
The study examines the nexus between government spending and economic growth in the seven SAARC countries, namely Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka, for the period 1970-2007. Using panel cointegration and panel causality, the paper finds that government spending...
Persistent link: https://www.econbiz.de/10009352836
This report investigates how more and better jobs can be created in South Asia. It does so for two reasons. First, this region will contribute nearly 40 percent of the growth in the world’s working-age (15–64) population over the next several decades. It is important to determine...
Persistent link: https://www.econbiz.de/10009493951
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This paper examines the relationship between the financial development, foreign direct investment and economic growth in Sri Lanka using quarterly data over the period 1996 to 2011. Johansen co-integration technique and vector error correction model are used to investigate the relationships. The...
Persistent link: https://www.econbiz.de/10010756244
The new growth theory establishes, among other things, that government expenditure can manipulate the economic growth of a country. This study attempts to explain whether government expenditure increases or decreases economic growth in the context of Sri Lanka. Results obtained employing a...
Persistent link: https://www.econbiz.de/10010668427