Classic Theories of Economic Growth and Development

If the Philippines has to learn from Rostow, Harrod, and Domar, development can only happen when a country prepares for it. Given that premise,

1. Discuss five (5) ways which the country can do to increase its savings rate.

2. Describe fully five (5) ways that will ensure that if the Philippine government has accumulated savings, it will be used properly.

Here is some information about Rostow , Harrod and Domar:

https://docs.google.com/presentation/d/1CWG0Ut4AieAGZvd2XrgiD4_pxUxU0_2JfQEIY7NTRbc/edit#slide=id.p1