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Production began to decline, more and more signs of recession occurred, the GDP diminished in real terms so that the signs of economic crisis became visible in all components of the social system (and in the culture subsystem, as well). In this context, the unanimous striving for international...
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In this paper, we investigate the relationship between economic development, investments, savings, insecurity and social conditions in Colombian departments. Using a dynamic heterogeneous panel analysis, we study the effects of insecurity and social conditions on economic development through an...
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In this paper, we investigate the relationship between economic development, investments, savings, insecurity and social conditions in Colombian departments. Using a dynamic heterogeneous panel analysis, we study the effects of insecurity and social conditions on economic development through an...
Persistent link: https://www.econbiz.de/10010843981
misrepresentation of the role of banks and liquidity creation and the role of household saving. After a critical discussion of the … credit growth supports GDP growth while saving is irrelevant for credit growth and GDP growth. In sum, a correct …
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