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Titlebook: Rezessionsmanagement; Die Vorbereitung des Hermut Kormann Book 2024 Der/die Herausgeber bzw. der/die Autor(en), exklusiv lizenziert an Spri

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Hermut Kormannservices commonly regarded as consumption goods ought strictly to be included as part of a country’s capital stock. Expenditure on education, for instance, which may permanently enhance the earning capacity of individuals, as well as giving immediate satisfaction, must be regarded partly as investme
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Hermut Kormann early stages of development savings may not be the major barrier to capital formation but rather the unwillingness or inability to invest. The unwillingness to invest may stem from cultural attitudes or simply a realistic assessment of the risks involved. The inability to invest, on the other hand,
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development potential of these countries. The development of the so-called Third World is now regarded as one of the greatest social and economic challenges facing mankind. What accounts for this apparent sudden change in interest and attitude? Three major stimuli can be pin-pointed. Firstly, there
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Hermut Kormannnting period (i.e. gross income minus depreciation) and how much it consumes out of that income in the same period. Capital accumulation enlarges a country’s capacity to produce goods. As we saw in Chapter 2, however, production-function studies, at least for advanced countries, cast some doubt on w
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