Portal de Periódicos da CAPES

Taxa de poupança e política econômica: possibilidades de crescimento numa economia com restrições

1990; Editora 34; Volume: 10; Issue: 1 Linguagem: Inglês

1809-4538

Fábio Giambiagi, Edward Amadeo,

Economic Growth and Productivity

The article discusses the relationship between savings and economic growth, to integrate the main contributions of the models based on the hypothesis of full employment and those, which assume the existence of idle capacity. The text de-velops a hybrid model to show that the effectiveness of the policies depends on the real situation of each economy. Thus, useful recommendations in a given context may be completely miscarrying in another one. Having this theoretical framework as guidelines, it is presented three paradigmatic cases and analyzed the effects over investment expected in each different situation, as result of official policies.