1945

Fixed capital investment and economic transformation

As the countries in transition move from the centrally planned economic model to a market-driven model of economic organization, they fully expect that a new capital stock will be created to enable them to generate wealth by producing goods that their citizens — and foreign purchasers — might actually wish to buy. Investment is central to reaching this goal and has been an increasing focus of attention internationally. It is also our focus in the present chapter.

Related Subject(s): Economic and Social Development
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