How can the savings gap be plugged, Business Economics

Assignment Help:

How can the savings gap be plugged?

Low savings are a barrier type to growth. All developing countries have low incomes therefore low savings. A savings gap can be met through:

• Foreign aid: the UN target is for developed countries to offer 0.7% of Gross Domestic Product as aid.

• Foreign direct investment as like through multinationals

• Surplus through international trade

• Decreased domestic expenditure creates further savings.

Related Discussions:- How can the savings gap be plugged

Determine the best response functions of the firm, 1. Consider the market w...

1. Consider the market where there is product differentiation with two firms. The firms are choosing prices p1 and p2 and have demands given by q1 = 40 - 0.5 p1 + p2 q2 = 60

Why do countries trade, Why do countries trade? International trade is...

Why do countries trade? International trade is the swap of goods and services among countries. Trade enhances consumer choice and complete welfare. Various countries have v

Define ACWP- BCWP and BCWS in economics, Define given terms: Actual Cost of...

Define given terms: Actual Cost of Work Performed (ACWP); Budgeted Cost of Work Performed (BCWP); Budgeted Cost of Work Scheduled (BCWS). • ACWP is the amount of attempt (exp

Create the scatter graph, Create the scatter graph of the monthly return on...

Create the scatter graph of the monthly return on your corporation (on the vertical axis) versus the monthly return on the S&P 500 (on the horizontal axis)--so there should be 60 d

Is there a consensus view on responsibility of government, Is there a conse...

Is there a consensus view on the responsibility of government? Highly controversial and depends onto your view like to whether markets work. International agencies as like the

Can comparative benefit change over time, Can comparative benefit change ov...

Can comparative benefit change over time? Comparative benefit is a dynamic concept. A country can obtain or lose comparative advantage overtime when there is a change within r

ASSIGNMENT, What is a bowed out shape? Why does a production possibilities...

What is a bowed out shape? Why does a production possibilities frontier with increasing opportunity costa have a bowed-out shape?

What do you mean by standard of living, What do you mean by standard of liv...

What do you mean by standard of living? Standard of living (SoL): It is incomer per capita (head) and it is determined by national income (GDP) divided through total pop

Money and banking, First, explain the concepts of income, wealth and money ...

First, explain the concepts of income, wealth and money and show how each is related to the other. Next, explain the concept of the monetary base and indicate its economic signific

Economic growth and its potential benefits to the economy, QUESTION ...

QUESTION Evaluate the roles and functions of the Bank of Mauritius in ensuring monetary stability in the economy. Explain Economic growth and its potential benefits to th

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages