Monetary Policies and the Economic Growth

Valentin Scarlat

MPRA Paper from University Library of Munich, Germany

Abstract: Talking about the economic growth, is to be stressed the essential contribution of the investment to a country economic development, role which is unanimously recognized and accepted. It is well-known that even the most developed market economies were built up with notable investment efforts, in order to enable a high efficiency of the fixed assets and to ensure a rational use of the natural resources and of the labour force. The investment process is mainly conditioned by the imprevisible action of certain elements, both immanent to the economic system and exogenous to it, as well, such as: technology, politics, optimistic and pessimistic forecasting, population confidence, taxes and government expenditures, monetary base fluctuation etc.

Keywords: economic growth; investment; high efficiency; taxes and government expenditures; monetary policy (search for similar items in EconPapers)
JEL-codes: E42 E52 F43 (search for similar items in EconPapers)
Date: 2009-09-15
New Economics Papers: this item is included in nep-fdg, nep-mac and nep-mon
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Published in Sustainable development through education research and innovation (2009): pp. 192-199

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