December 11, 2015

Capital Formation in Economic Development

Development of a nation without the availability of adequate capital either in the form of physical capital or in the form of human capital is not possible. The higher the rate of capital formation (physical as well as human), the…

stablization Funds

What are Stabilization Funds?

Countries which are endowed with natural resources like oil, gas, minerals etc. have huge revenue inflows which give them as many options to use them for development and growth. These countries have a windfall of funds which are used to…