An Analysis Of Neoclassical Growth Model With Foreign Capital Close Linkages

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dc.contributor.authorOjapinwa, T. V.
dc.contributor.authorOdekunle, L. A.
dc.date.accessioned2017-10-20T11:09:42Z
dc.date.available2017-10-20T11:09:42Z
dc.date.issued2016-03
dc.descriptionFull text attacheden_US
dc.description.abstractThis paper shows that the relevance of foreign capital inflow in boosting economic growth and prosperity originated from both classical and neoclassical theories of growth which postulate that foreign capital inflow can supplement domestic investment funds to enhance the capacity of the economy to grow. Foreign capital inflows can provide the financial system WIth substantial resources if they are saved in form of deposits which could lead to a greater allocation of investments such as credits among not only the foreign capital-receiving population but also the non-receiving, in the long run. Foreign capitals that pass through the financial system are generally needed to ft/I the prevailing gap so that countries can grow more rapidly than their internal resources would otherwise allow.en_US
dc.identifier.citationOjapinwa, T. V. & Odekunle, L. A. (2016), An Analysis Of Neoclassical Growth Model With Foreign Capital Close Linkages. De-Caritas Journal of Management and Social Sciences, Vol. 8 (1): 123-129en_US
dc.identifier.issn1599 - 8739
dc.identifier.urihttp://ir.unilag.edu.ng:8080/xmlui/handle/123456789/2437
dc.language.isoenen_US
dc.publisherDe-Caritas Centre for Studies in Human Development in Africa (DECSHDA)en_US
dc.relation.ispartofseriesStaff Publications;1599 - 8739
dc.subjectEconomic developmenten_US
dc.subjectNeoclassical school of economicsen_US
dc.titleAn Analysis Of Neoclassical Growth Model With Foreign Capital Close Linkagesen_US
dc.typeArticleen_US
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