Macroeconomic Determinants of Countries with Different Income Levels
$ 42.5
Description
Various macroeconomic factors influence economic growth from country to country and throughout time. In this book, we attempted to identify the most plausible macroeconomic component that determines economic growth in countries of varying wealth levels. We have taken four categories of countries grouped by the United Nations based on per capita income, namely High-Income Countries, Upper-Middle Income Countries, Lower-Middle Income Countries, and Least Developed Countries, and the macroeconomic variables considered for examination purposes are Gross Domestic Product, Gross Domestic Savings, Government Expenditure, Private Expenditure, Inflation rate, exchange rate, foreign direct investment, net official development assistance, and net official development assistance.