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Crowding out effect: analysis of casual relationships

V. Bashko

Economy and Forecasting, 2008, issue 4, 82-96

Abstract: The author proves the relationship between private investments and budget deficit. Besides private investments and state borrowings, the article also considers other factors of demand and supply of borrowed capital, which influence the crowding out effect. Attention is given to the action of risk-free state securities under the conditions of financial crisis.

Date: 2008
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