Sentence examples of "substitué" in French

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L'économiste et prix Nobel feu Franco Modigliani, dans son dernier grand article publié en 2004 (et co-écrit par Shi Larry Cao), avance que ce changement démographique explique en grande partie l'augmentation du taux d'épargne, car les Chinois ont alors substitué l'investissement dans le capital à l'investissement dans les enfants. Экономист Франко Модиглиани, недавно удостоенный нобелевской премии, в своём последнем важном опубликованном труде в 2004 году (в соавторстве с Ши Ларри Цао), утверждает, что данное демографическое изменение во многом объясняет увеличение уровня сбережений, т.к. китайцы вместо вложения денег в детей стали вкладывать их в капитал.
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