Читать книгу The Emerging Markets Handbook - Pran Tiku - Страница 44

This benchmark shows the value of investment (gross capital formation) as a percentage of GDP at market prices. It is therefore a relative comparison of the value of investment. The larger the percentage, the larger the value of investment relative to GDP. A larger number demonstrates that a country is catching up in terms of R&D investment and gross capital formation. It also shows that by investing in new technology a country is on its way to being internationally competitive.