1945

Capital formation and growth in the 1980s

image of Capital formation and growth in the 1980s

One of the most important features of the global development experience since the mid-1970s has been the sluggishness of capital formation. This slow-down in the pace of investment activity in virtually all groups of countries has been widespread and deep. It has affected the majority of developed and developing market economies and many centrally planned economies as well. There have been palpable differences, however, both within each group and among the various groups. This diversity stems from a number of circumstances, general as well as specific.

Related Subject(s): Economic and Social Development
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