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Developmant Finance by Money Creation Instead of Saving or Debt - Softcover

 
9786205639801: Developmant Finance by Money Creation Instead of Saving or Debt

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This book describes a way on how to finance economic development in developing countries (DCs) without savings or foreign loans. The economic theory states that one DCs should have enough savings before embarking on development process. Alas, there is a paradox of thrift, saying that an increase in saving will reduce GDP growth and the subsequent savings. Hence it could result in the prolongation of the required savings time, and then delays the development process. If saving is not available, the DCs should borrow foreign loans from saving surplus countries or from international financial institutions. But researches have shown that the economic growth of DCs with foreign loans to finance their development have lower economic growth compared to the self-financing countries. The question is, which domestic sources? Schumpeter proposed the creation of money out of nothing. This was the way France and Germany used to industrialize their countries in the 19th century. This is also the way used by Germany to reconstruct the country after the World War II, and also China after 1980 to catch-up their lags in development. This is the way proposed for DCs, housing billions of people.

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  • VerlagLAP LAMBERT Academic Publishing
  • Erscheinungsdatum2023
  • ISBN 10 6205639807
  • ISBN 13 9786205639801
  • EinbandTapa blanda
  • SpracheEnglisch
  • Anzahl der Seiten68
  • Kontakt zum HerstellerNicht verfügbar

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Simarmata, Djamester A.
ISBN 10: 6205639807 ISBN 13: 9786205639801
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Zustand: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. This book describes a way on how to finance economic development in developing countries (DCs) without savings or foreign loans. The economic theory states that one DCs should have enough savings before embarking on development process. Alas, there is a par. Bestandsnummer des Verkäufers 821513528

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Djamester A. Simarmata
ISBN 10: 6205639807 ISBN 13: 9786205639801
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Taschenbuch. Zustand: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -This book describes a way on how to finance economic development in developing countries (DCs) without savings or foreign loans. The economic theory states that one DCs should have enough savings before embarking on development process. Alas, there is a paradox of thrift, saying that an increase in saving will reduce GDP growth and the subsequent savings. Hence it could result in the prolongation of the required savings time, and then delays the development process. If saving is not available, the DCs should borrow foreign loans from saving surplus countries or from international financial institutions. But researches have shown that the economic growth of DCs with foreign loans to finance their development have lower economic growth compared to the self-financing countries. The question is, which domestic sources Schumpeter proposed the creation of money out of nothing. This was the way France and Germany used to industrialize their countries in the 19th century. This is also the way used by Germany to reconstruct the country after the World War II, and also China after 1980 to catch-up their lags in development. This is the way proposed for DCs, housing billions of people. 68 pp. Englisch. Bestandsnummer des Verkäufers 9786205639801

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Djamester A. Simarmata
ISBN 10: 6205639807 ISBN 13: 9786205639801
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Taschenbuch. Zustand: Neu. Neuware -This book describes a way on how to finance economic development in developing countries (DCs) without savings or foreign loans. The economic theory states that one DCs should have enough savings before embarking on development process. Alas, there is a paradox of thrift, saying that an increase in saving will reduce GDP growth and the subsequent savings. Hence it could result in the prolongation of the required savings time, and then delays the development process. If saving is not available, the DCs should borrow foreign loans from saving surplus countries or from international financial institutions. But researches have shown that the economic growth of DCs with foreign loans to finance their development have lower economic growth compared to the self-financing countries. The question is, which domestic sources Schumpeter proposed the creation of money out of nothing. This was the way France and Germany used to industrialize their countries in the 19th century. This is also the way used by Germany to reconstruct the country after the World War II, and also China after 1980 to catch-up their lags in development. This is the way proposed for DCs, housing billions of people.Books on Demand GmbH, Überseering 33, 22297 Hamburg 68 pp. Englisch. Bestandsnummer des Verkäufers 9786205639801

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Djamester A. Simarmata
ISBN 10: 6205639807 ISBN 13: 9786205639801
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Taschenbuch. Zustand: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - This book describes a way on how to finance economic development in developing countries (DCs) without savings or foreign loans. The economic theory states that one DCs should have enough savings before embarking on development process. Alas, there is a paradox of thrift, saying that an increase in saving will reduce GDP growth and the subsequent savings. Hence it could result in the prolongation of the required savings time, and then delays the development process. If saving is not available, the DCs should borrow foreign loans from saving surplus countries or from international financial institutions. But researches have shown that the economic growth of DCs with foreign loans to finance their development have lower economic growth compared to the self-financing countries. The question is, which domestic sources Schumpeter proposed the creation of money out of nothing. This was the way France and Germany used to industrialize their countries in the 19th century. This is also the way used by Germany to reconstruct the country after the World War II, and also China after 1980 to catch-up their lags in development. This is the way proposed for DCs, housing billions of people. Bestandsnummer des Verkäufers 9786205639801

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