Fedor S. Kilin
Title: Fedor S. Kilin
Main Research Question: How can the optimal planning trajectory be analyzed to determine the best investment policy for economic growth in Belarus?
Methodology: The study uses a growth model with effectiveness to analyze the optimal planning trajectory. This model takes into account the quality factors that contribute to economic growth, such as savings per capita. The model is based on the concept of production effectiveness, which measures the ability of an economic system to produce goods and services that meet societal needs.
Results: The study found that the saving per capita value needs to be high initially with a smooth decrement in the future years. This suggests that investment policy should prioritize high savings in the early stages of development, gradually shifting to a more balanced approach over time.
Implications: The results of this study have significant implications for economic policy in Belarus and other countries. They suggest that a balanced investment policy, which takes into account both the quantity and quality of investments, can lead to more effective economic growth and higher living standards. The study also provides a practical framework for policymakers to make informed decisions about investment strategies.
Link to Article: https://arxiv.org/abs/0110067v1 Authors: arXiv ID: 0110067v1