This report provides a review on private savings flows and economic growth. The importance of local savings for financing economic development needs little emphasis. In the long run, increases in income are directly related to increases in the stock of tools, machines, houses, factory buildings, schools, irrigation systems, roads, power plants, etc., that a country has at its disposal. The purpose of this paper is to illuminate some of the principal...
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Private savings flows and economic growth (English). Central Economics staff series|no. EC 31 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/286971468326371080