Daniel Toba (University of Craiova, Faculty of Economics and Business Administration, România)
Abstract
In the present economies, especially in the developed ones, the saving process indisputably concerns the banking institutions, the private funds of pensions and the investment funds. Both the classics, and also J. M. Keynes, considered the individual saving as a primordial source of investments. The sacrificing of the present consumption was considered as the basis of the first stage of the investment process, respectively the savings stage. Nowadays, the main productive investments are constituted based on the credits which have been gotten from the banks.
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Volume (Year): 1 (2008) Issue (Month): 10 (April) Pages: 148-153 Download reference. The following formats are available: HTML
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Find related papers by JEL classification: E00 - Macroeconomics and Monetary Economics - - General - - - General E2 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment