000			nam a22 4500
999			_c48818 _d48818
003			OSt
005			20180105132936.0
008			180105b xxu||||| |||| 00| 0 eng d
100			_aKonar, Arup Kanti _928989
245			_aIs Global Economic Stability or Instability Still Possible ?
520			_aIn the era of globalization, the export-import of savings and investments has also been globalized. The saving-investment gap or excess saving over investment has a dual role in creating internal and external economic instability. While, for example, positive excess saving over investment creates an internal economic recession, on the other hand, it creates favorable balance of current account. Paradox of thrift (or the effects of excess savings over investment) is equally applicable to both the national economy and global economy. Owing to saving-investment inequality both at the national and global level, the achievement of the optimal level of internal and/or external economic status of all the countries is not possible simultaneously in the globalized world.
653			_aSaving
653			_aInvestment
653			_aInternal
653			_aExternal, Balance
773	0		_029162 _959400 _aGilani, S. _dNEW DELHI ARTHSHASTRA INDIAN JOURNAL OF ECONOMICS AND RESEARCH 2012 _o5555917 _tARTHSHASTRA INDIAN JOURNAL OF ECONOMICS AND RESEARCH _x2278-1811
942			_2ddc _cJA-ARTICLE