A QUANTITATIVE MODEL OF GROWTH OF THE ALGERIAN ECONOMY,
Abstract
Algeria can reach full employment and balanced growth within fifteen years. A rate of growth of 6.3% can be achieved in the transition period, and per capita income can be increased from $280 to $450. The appropriate policy for the transition period is one of investing in the capital sector at the highest rate compatible with keeping per capita consumption at a level greater than or equal to 75% of its initial value, and then to shift all investment to the consumption sector in the last three years. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Sep 13, 1963
- Accession Number
- AD0420184
Entities
People
- Lionel G. Stoleru
Organizations
- Stanford University