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Economic and Social Survey of Asia and the Pacific 1984

image of Economic and Social Survey of Asia and the Pacific 1984

This latest edition of the Survey analyzes current economic and social developments in the region against the background of events in the world economy. It also focuses on the serios problems of growth and transformation of the area's least developed and Pacific Island developing economies.

English

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Government savings

The mobilization of financial resources for accelerated growth is an important objective of fiscal policy in developing countries. Governments in developing economies directly undertake investment in various sectors, including infrastructure, and also promote the generation and mobilization of savings. The rudimentary nature of money and capital markets in developing countries makes it necessary that Governments take an active role in the mobilization of domestic savings. Fiscal policies explicitly aiming at raising government savings thus assume major importance in the mobilization of domestic resources in developing countries.

English

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