<abstract xmlns="http://www.w3.org/1999/xhtml"><p>Savings and investments are not unconditioned universal ways for the economic development and growth of a country. They accomplish only the motor role in a healthy macroeconomic ambiance, but in the context of a coherent and consistent long-term policy, as well. Only in these circumstances it can become reality the virtuous circle of high savings – large investments – economic growth.</p><p>For the insuring of the sustainability of the economic growth there will be the need of more effort, which indicates the fact that success is obtainable and that the political efforts in this direction will be rewarded.</p></abstract>

Savings and investments are not unconditioned universal ways for the economic development and growth of a country. They accomplish only the motor role in a healthy macroeconomic ambiance, but in the context of a coherent and consistent long-term policy, as well. Only in these circumstances it can become reality the virtuous circle of high savings – large investments – economic growth.For the insuring of the sustainability of the economic growth there will be the need of more effort, which indicates the fact that success is obtainable and that the political efforts in this direction will be rewarded.

Other economico-social factors of the saving process

National University of Political Studies and Public Administration

Associate member of Academy of Romanian Scientists

HOLISTICA – Journal of Business and Public Administration

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

{"article-title":"Other economico-social factors of the saving process"}

Savings and investments are not unconditioned universal ways for the economic development and growth of a country. They accomplish only the motor role in a...

Other economico-social factors of the saving process

Published Online: Sep 09, 2017

Page range: 41 - 48

DOI: https://doi.org/10.1515/hjbpa-2017-0011

Keywords
savings, investments, income, wealth

© 2017 Adriana Grigorescu et al., published by De Gruyter Open

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Other economico-social factors of the saving process

Published Online: Sep 09, 2017

Page range: 41 - 48

DOI: https://doi.org/10.1515/hjbpa-2017-0011

Keywordssavings, investments, income, wealth

© 2017 Adriana Grigorescu et al., published by De Gruyter Open

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
savings, investments, income, wealth