Investment and growth

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More than seven decades ago a British economist Roy Harrod had advanced a theory that implied the growth rate of an economy was equal to the investment

  • Comment 1

Economic growth and the state of the economy

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Although economic growth rate gets undue weight in ordinary discourse, economists usually describe the macroeconomic health of a country by a number of macroeconomic indicators. These include investment, (un)employment, inflation, budget deficit, national debt, balance of payments, and international reserves.

  • Comment 5