The Past and Future of Keynesian Economics: A Review Essay

Aspromourgos, Tony

doi:10.1080/10370196.2019.1655827

Cited by 4 publications

(1 citation statement)

References 33 publications

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“…A vivid illustration of the implementation of this policy of stimulating investment processes is the development of Roosevelt's New Deal measures in response to the crisis caused by the Great Depression. In other words, the main task of the state was to create effective demand and reduce unemployment [9].…”

Section: Literature Reviewmentioning

confidence: 99%

Analysis of Foreign Direct Investment Flow in the Republic of Kazakhstan Based on the Accelerator Model

Demeuov¹,

Yesdauletova²

2023

ECONOMIC SERIES OF THE BULLETIN OF THE L.N. GUMILYOV ENU

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Foreign direct investments play a vital role in the economy of the Republic of Kazakhstan. Nowadays, foreign direct investments are considered to be one of the key aspects in economic integration of countries through creation and facilitation of beneficial links between various countries and economies. The purpose of the paper is to analyze the flow of foreign direct investment in the economy of the Republic of Kazakhstan and its impact on the gross domestic product using the theory of the multiplier-accelerator. While conducting the research the following scientific methods were employed: comparative analysis, analysis and synthesis, content analysis, logical, statistical, and mathematical, graphic. As a result of the undertaken research the features of the applying the multiplier-accelerator model were studied. Based on the collection of statistical data on the inflow of foreign investment and GDP in the Republic of Kazakhstan in the period from 2005-2021, an accelerator line was built. The main findings obtained in the course of the study made it possible to assess the impact of the inflow of foreign direct investment on the volume of gross domestic product, determine the cumulative effect and determine promising directions for the development of investment activity in the Republic of Kazakhstan.

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Section: Literature Reviewmentioning

confidence: 99%