jeudi 25 octobre 2012

In the same way...

On a world level, the extension of these processes exacerbates competition, until causing conflicts.
Also, the dynamics of accumulation previously decribed can be sapped by a rarefaction of investment funds; the latter proving increasingly expensive, the layer in capital goods being limited and interest rates mechanically to increase. Thereafter, propensity to save can again be accentuated, the more so as opportunity of investing rarefies. Consecutively, the price of investment - interest rates - is oriented downwards...
Consequently, if the rhythm of savings accumulation is higher than the rhythm of investment accumulation, the capital price is reduced; therefore, we find an economic situation favourable to a new ascending phase of growth.

Despite everything, immediately, students block on the legitimacy of a theory going back to 1922...
It's necessay to give applications which speak to them... Present and precise.
Today, techniques of communication appear essential in relation to theoretical explanations!


Thus, The United States of America, thanks in particular to the new way associated with the extraction of shale gas, start again a breathless industrial sector... The growth is "furled and craped", even negative since the autumn 2008. A recovery took shape in 2010, whereas one observes a new compressing in 2011. Lastly, over the first three quarters of 2012, there is a stability with a growth rate just lower than the average, calculated over the seventy last years...

Following the example of J. Schumpeter, we can observe that innovation constitutes a strong lever of growth!

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