The Impact of Capital Accumulation on the Economic Growth
Journal Title: International Journal of Management Sciences - Year 2014, Vol 4, Issue 5
Abstract
This paper explains the capital accumulation and its significance among the economic determinants. It has strong relation with economic growth process as its impact is more effective and steady than any other economic determinant. It also analyzes that for capital accumulation there must be one of the non-economic determinants i.e., political stability. Without political stability, there is no relationship of capital accumulation with the economic growth. Naturally, the capital accumulation is dependent on the political stability in such a way that if the connection of both determinants breaks, the economic growth gets to longstanding haul.
Authors and Affiliations
Syed Shoaib Ahmed, Syed Shahid Zaheer Zaidi, Hasan Raza
Keywords
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