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Domestic Savings and the Driving Forces of Investment in the ECE Emerging Market Economies

  • Author: UN, ECE
  • Publication date: May 2005
  • Page count: 22
  • Language(s) in this book: English
  • Sales number: 05.II.E.12

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About the book

This paper addresses some aspects of the mobilization of domestic financial resources for development in the ECE emerging market economies, focusing in the interrelation between national savings, domestic investment and economic growth in these countries. It highlights the possibility of creating a virtuous cycle of higher domestic savings and investment rates, and higher trend growth, and seeks to identify the key determinants of business investment in the ECE emerging market economies.