Capital and population as factors for economic development in less developed countries

Paceskoski, Vlatko and Georgieva Svrtinov, Vesna (2021) Capital and population as factors for economic development in less developed countries. Knowledge International Journal, 45 (1). pp. 227-238.

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Abstract

Economicexperienceunequivocallyshowsthatcapitalisoneofthebasicfactorsfortheeconomicdevelopmentofanynationaleconomy,regardlessofthelevelanddegreeoftheireconomicdevelopment.TheroleandimportanceofcapitalisespeciallyemphasizedintheLIA,becauseinthesecountries,Capital is a limited factor due to lack of impunity in their economic activities.Ontheotherhand,indevelopingcountries,irrationalincomespending,frequentstorageofsavingsabroad(duetotheirunderdevelopedfinancialandbankingsystem),etc.arealsopresent.Startingfromhere,thesecountriesinthefutureshouldemphasizetheimportanceofcapitalaccumulationandemphasizetheneedtoraisetheleveli.ethevolumeofcapitalaccumulation,becauseinmanycasestheirdevelopmentislargelyrelatedtotheaccumulationofcapital.Keywords:capital,technology,population,development,developingcountries,foreigndirectinvestment

Item Type:	Article
Subjects:	Social Sciences > Economics and business
Divisions:	Faculty of Economics
Depositing User:	Vlatko Paceskoski
Date Deposited:	06 Dec 2021 08:23
Last Modified:	06 Dec 2021 08:23
URI:	https://eprints.ugd.edu.mk/id/eprint/28886

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