Investment Policies to Promote Growth
نویسنده
چکیده
This conference emphasizes the last of these roles, reflecting developments in economic theory and concerns over recent macroeconomic performance, notably in the United States. But in considering the design of investment policies to promote growth, and evaluating policies that have been tried in the past, it is helpful to keep investment's other "roles" in view. Policies alleged to promote growth may really be aimed at some other objective, such as providing economic stimulus; even if growth is a policy's main objective, its other effects should be kept in mind.
منابع مشابه
Evaluation of Electricity Demand Management Policies: Behavioral Economics Approach
Electricity consumption has been rising with an average annual growth of 7% in Iran and the imbalance in production and consumption has caused power outage crisis and economic losses. More than 50% of peak electricity demand is related to the household sector, so the household sector can be considered as the most effective component of the electricity crisis. Investment costs for the constructi...
متن کاملEvaluation of Electricity Demand Management Policies: Behavioral Economics Approach
Electricity consumption has been rising with an average annual growth of 7% in Iran and the imbalance in production and consumption has caused power outage crisis and economic losses. More than 50% of peak electricity demand is related to the household sector, so the household sector can be considered as the most effective component of the electricity crisis. Investment costs for the constructi...
متن کاملCommentary: Investment Policies to Promote Growth
Several papers at this conference have stressed the favorable effect on economic growth of increases in business investment, especially investment in machinery and equipment. The authors of these papers have reminded us that such investment does more than increase the capital stock. Investment also embodies new technologies and may involve externalities that cause the national return to private...
متن کاملThe Growth Pattern of Iran's Economy in the First Five Year Development Plan (1989- 1994)
The effective factors on the economic growth of Iran during the first 5-year development plan are studied. The main characteristics of this period are that the first development plan began after the end of war during which some of the unused capacities of the war period were utilized. While the budget deficit was continued in this period the government also pursued policies such as devaluation ...
متن کاملSaving, Investment, and Growth: A Causality Test
In the second half of the last century, tremendous efforts were devoted to identifying sources of economic success by a few countries and causes of failure by most. In this process a voluminous literature ranging from the neo-classical to Marxist, neo-Marxist, and dependency theories has been developed to answer the question of disparity among different countries of the north vis-à-vis those of...
متن کامل