What does rostow predict, Business Economics

Assignment Help:

What does Rostow predict?

For Rostow:

• Savings and capital accumulation (formation) are central to the procedure of growth therefore development

• The solution to development is to mobilise savings to produce the investment to set into train self making economic growth.

• Development can stall at level 3 for lack of savings 15 to 20 percent of GDP needed.

• When S = 5 percent so that aid/loan = 10 to 15 percent plugs savings spaces. Resultant investment implies a move to stage four Drives to Maturity and also self generate economic growth.


Related Discussions:- What does rostow predict

Explain the meaning of classical dichotomy, QUESTION Explain the meanin...

QUESTION Explain the meaning of classical dichotomy, neutrality of money and Walras law. b. "In a Walrasian general equilibrium model with money as a unit of account, only r

Assignment, #question.During the 1990s, technological advance reduced the c...

#question.During the 1990s, technological advance reduced the cost of computer chips. Explain, with the use supply and demand diagrams, how the following markets are affected in t

What do you mean by the term earned value analyses, What do you mean by the...

What do you mean by the term earned value analyses?  What are additional insights into the dynamics of a project afforded via the use of EVA? Earned value implies, in effect, t

Informal sector, Identify the features of informal sector in African countr...

Identify the features of informal sector in African countries

How does the exchange rate influence the benefits of trade, How does the ex...

How does the exchange rate influence the benefits of trade? Mutually beneficial international trade arises specified the exchange ratios lie among the internal opportunity cost

What is the infant industry argument, What is the Infant Industry argument?...

What is the Infant Industry argument? Several governments seek to protect involving industries by premature competition. Infant industries have potential comparative benefit b

ELASTICITY, WHY DO GOVERNMNETS PLACE HIGH TAX RATES ON PRODUCTS SUCH AS PET...

WHY DO GOVERNMNETS PLACE HIGH TAX RATES ON PRODUCTS SUCH AS PETROLA ND CIGRATTES

How did foreign debt arise, How did foreign debt arise? Evaluation: ...

How did foreign debt arise? Evaluation: Borrowing shows an injection of new resources in the domestic economy and also an opportunity for development. • When borrowed re

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd