Mechanisms for Improving Economic and Industrial Growth in Developing Countries
نویسنده
چکیده
The hypothesis about the link between savings rates, investment, and economic growth produced the Kuznets U-shaped curve hypothesis, which presumes that for promoting economic growth, government should allow rich people to become richer because they will contribute to national savings and thus to investment. Although incessantly criticized, this theory continues to influence current leaders in their policy decisions.
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