POLICY OPTIONS FOR ADVANCED ECONOMIES IN DISTRESS.

The article discusses the growth rate of developed countries in response to global financial crisis. It says that an appropriate rate of savings, high rate of productive capital investment and the availability of important natural resources have a vital role in economic development of a country. It tells that economic downturn can be avoided though balancing the budget and by creating a climate for enterprise that allows entrepreneurship to wake the engines of economic growth and prosperity.