The mechanics of growth and debt (English)

The use of models for the mechanics of resource transfer from one country to another is described. The models used are based on the Harrod-Domar prototype and applied to the investment-savings gap. Two types of model are defined: One in which the savings rate is fixed in relation to gross domestic product, and one in which it is fixed in relation to gross national product. A new formula for what is termed the accumulation function is introduced and...

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Author

KING, B.;
Document Date
1967/08/31
Document Type
Staff Working Paper
Report Number
SWP4
Volume No
1
Total Volume(s)
1
Disclosure Date
2010/07/12
Disclosure Status
Disclosed
Doc Name
The mechanics of growth and debt
Keywords
transfer of real resource

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Citation

KING, B..

The mechanics of growth and debt (English). Staff working paper ; no. SWP 4 Washington, D.C. : The World Bank. http://documents.worldbank.org/curated/en/318591467989455739

The mechanics of growth and debt (English)

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