Între 3-7 aprilie, au loc lucrările Consfătuirii miniștrilor sănătății din țările socialiste, la care ia cuvântul ministrul sănătății RPR., dr. Voinea Marinescu; Cu prilejul împlinirii a 500 de ani ...de la urcarea lui Ștefan cel Mare pe tronul Moldovei, su
The role of financial liberalization in the context of a developing country with a declining barter sector is examined. In 1954-1955, the monetized sector contributed 69% to the net national product ...of India. The share of the monetized sector rose to 78.6% of the net national product by 1974-1975. During this period, the explicit objective of monetary policy in India was to help accelerate the pace of economic development in an environment of reasonable price stability. Using data for India, the empirical estimates point to: 1. complementarity between money and capital in estimating the demand for money function, and 2. complementarity between money and capital in estimating the investment function. The results provide some evidence on the efficacy of financial liberalization as a device for raising the rate of capital formation in India. Several policy conclusions are offered.
