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Monetary Policies and the Economic Growth

Author

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  • Scarlat, Valentin

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.

Suggested Citation

  • Scarlat, Valentin, 2009. "Monetary Policies and the Economic Growth," MPRA Paper 19849, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:19849
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    File URL: https://mpra.ub.uni-muenchen.de/19849/2/MPRA_paper_19849.pdf
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    More about this item

    Keywords

    economic growth; investment; high efficiency; taxes and government expenditures; monetary policy;
    All these keywords.

    JEL classification:

    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies

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