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Other economico-social factors of the saving process

Author

Listed:
  • Grigorescu Adriana

    (Professor PhD, National University of Political Studies and Public Administration, Bucharest, Romania; Associate member of Academy of Romanian Scientists, Splaiul Independentei 54, 050094, Bucharest, Romania)

  • Oprisan Oana

    (Associate Professor PhD, Faculty of Economics, “Ovidius” University, Constanta, Romania)

  • Condrea Elena

    (Professor PhD, Faculty of Economics, “Ovidius” University, Constanta, Romania)

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.

Suggested Citation

  • Grigorescu Adriana & Oprisan Oana & Condrea Elena, 2017. "Other economico-social factors of the saving process," HOLISTICA – Journal of Business and Public Administration, Sciendo, vol. 8(2), pages 41-48, August.
    • Handle: RePEc:vrs:hjobpa:v:8:y:2017:i:2:p:41-48:n:3
    DOI: 10.1515/hjbpa-2017-0011
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    References listed on IDEAS

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    1. Carroll, Christopher D & Fuhrer, Jeffrey C & Wilcox, David W, 1994. "Does Consumer Sentiment Forecast Household Spending? If So, Why?," American Economic Review, American Economic Association, vol. 84(5), pages 1397-1408, December.
    2. Stanley Fischer & Ratna Sahay, 2000. "The Transition Economies After Ten Years," NBER Working Papers 7664, National Bureau of Economic Research, Inc.
    3. Mr. Stanley Fischer & Ms. Ratna Sahay, 2000. "The Transition Economies After Ten Years," IMF Working Papers 2000/030, International Monetary Fund.
    4. Frank Westerhoff, 2008. "Consumer sentiment and business cycles: a Neimark-Sacker bifurcation scenario," Applied Economics Letters, Taylor & Francis Journals, vol. 15(15), pages 1201-1205.
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    Cited by:

    1. Alfonso Siano & Lukman Raimi & Maria Palazzo & Mirela Clementina Panait, 2020. "Mobile Banking: An Innovative Solution for Increasing Financial Inclusion in Sub-Saharan African Countries: Evidence from Nigeria," Sustainability, MDPI, vol. 12(23), pages 1-24, December.
    2. ARTENE, Alin, 2018. "Dobrogea School of Economics," SocArXiv hwn8a, Center for Open Science.
    3. ARTENE, Alin, 2018. "Dobrogea School of Economics," LawArXiv jb3um, Center for Open Science.

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    More about this item

    Keywords

    savings; investments; income; wealth;
    All these keywords.

    JEL classification:

    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
    • E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity

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