Models of economic growth based on economic investment Cover Image

Modele de creştere economică pe baza investiţiilor economice
Models of economic growth based on economic investment

Author(s): Maria Enescu, Marian Enescu
Subject(s): Economy
Published by: Editura Eurostampa
Keywords: growth; investment; model; national income

Summary/Abstract: In this article are presented some models of growth based on investment (Keynes's model, the Harrod – Domar model). At the reliance economic growth should, on the one hand, an economic policy that promotes increased efficiency, with a maximum simplification of the legal framework, in order not to be hindered economic freedom and free initiative, on the other hand, need a greater willingness to save and invest as much in profit, with an increased desire to work. Boosting economic growth during the transition period and is based on increasing the capital stock. The investment is thus an essential key to economic growth because it acts as both demand and supply.

  • Issue Year: XV/2009
  • Issue No: 15
  • Page Range: 420-425
  • Page Count: 6
  • Language: English