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  DOI Prefix   10.20431


 

International Journal of Humanities, Social Sciences and Education
Volume 6, Issue 4, 2019, Page No:11-17

The Harrod - Domar Growth Model and its Implications for Economic Development in Vietnam

Le Ngoc Thong*, Nguyen Thi Hao

Teacher at the National Economics University, Vietnam.

Citation :Le Ngoc Thong*, Nguyen Thi Hao, The Harrod - Domar Growth Model and its Implications for Economic Development in Vietnam International Journal of Humanities Social Sciences and Education 2019, 6(4) : 11-17.

Abstract

By synthesizing a suitable research methodology, the paper examines the basics of the HarrodDomar growth model and adds those model applications to the analysis of national economic development. Thereby, it is suggested to use Harrod-Domar model in the orientation of the national economy in Vietnam.


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