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...
Voir la suite
INFORMATION
-
1967/08/31
-
Document de travail des services de la Banque mondiale
-
SWP4
-
1
-
1
-
2010/07/12
-
Disclosed
-
The mechanics of growth and debt
-
transfer of real resource