1.Policy Topic: We live in a poor country. Would boosting the savings rate fix everything? If...

1.Policy Topic: We live in a poor country. Would boosting the savings rate fix everything?

If a country increases its savings, it would have more to spend on capital investment, and thus help its production, GDP, and per capita output. Yes? Explain what our different development models would tell policymakers in poor countries about their savings. Use math, graphs, and discussion. In particular, consider both the Solow model and the endogenous growth model,

Expert Solution

Rahul Sunny answered 2 years ago

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