exercice 1

Using Solow's model (the Solow Swan economic model), show that less developed countries need a higher savings rate.

Exercice 2

For a sample of countries (Canada, France, Germany, Italy, Japan, find: (research to find the answers. it could be on an economic book, on a basis data, on google)

a. savings rates

b. value of capital stock per worker and per capita

c. 5-year growth rate of net capital

d. the 5-year growth rate of GDP per worker and per capita