Saving in Southeast Asia and Latin America Compared : Searching for Policy Lessons

Author/Editor:

Christian Thimann ; Anuradha Dayal-Gulati

Publication Date:

September 1, 1997

Electronic Access:

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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

This paper examines empirical determinants of private saving for a sample of economies in Southeast Asia and Latin America over the period 1975–95. It uses panel estimations to establish relationships between private saving rates and a range of policy and nonpolicy variables. The findings show that fiscal policy, particularly social security arrangements, influence private saving; also macroeconomic stability and financial deepening appear to have been important in accounting for differences in saving behavior between the two regions.

Series:

Working Paper No. 97/110

Subject:

English

Publication Date:

September 1, 1997

ISBN/ISSN:

9781451853308/1018-5941

Stock No:

WPIEA1101997

Format:

Paper

Pages:

25

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