GLOBAL LONG-TERM ECONOMIC GROWTH AND THE ECONOMIC

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Producent: WYDAWNICTWO NAUKOWE SCHOLAR

Kod produktu: 9788367450119

Opis

One of the characteristic facts concerning the catching-up countries is the exceptionally large variation in their per capita annual rate of growth, from about zero to about 10%. The papers published in this monograph show that this rate is strongly dependent on the rate of investment, the quality of the labour force and the quality of institutions. The rate of investment is, in turn, dependent on the rate of domestic savings. In Poland, domestic savings are shown to have been and continue to be very low by international standards. The trend rate of growth of about 3.7% has been about 2 pp. higher than that of the most developed economies, mainly thanks to the development of modern market institutions and a new private sector, and partly thanks to foreign direct investments and a significant inflow of finance from the European Union (EU). The data also show that by far the least successful transformation in Eastern Europe has taken place in Ukraine.

(Authors Introduction)

AUTOR	STANISŁAW GOMUŁKA
TYTUŁ	GLOBAL LONG-TERM ECONOMIC GROWTH AND THE ECONOMIC
WYDAWCA	WYDAWNICTWO NAUKOWE SCHOLAR
ROK WYDANIA	2023
OPRAWA	OPRAWA TWARDA
ILOŚĆ STRON	435
EAN	9788367450119

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