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Issue №10. March 2007

Private Savings as a Source of Collective Investment

Polina A. Surina

Graduate student, School of Public Administration, Lomonosov Moscow State University.

One of the main challenges the modern Russian government faces is insuring the continuing economic growth and development. The lack of investment is partially compensated by the structural changes in the economy, the development and implementation of new technologies, the progress of science, education and the human capital growth, but it still limits the countries economical growth. The experience of other countries shows that an important condition for a prolonged economic growth is the ability to accumulate the citizens’ savings and use them as a source of investment.

Keywords

Investment, savings, economy.

Comments:
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