{
  "title": "Saving Trends in Southeast Asia: A Cross-Country Analysis",
  "publication": "IMF Working Papers, April 1, 1995",
  "sourceUrl": "https://www.imf.org/en/publications/wp/issues/2016/12/30/saving-trends-in-southeast-asia-a-cross-country-analysis-1932",
  "canonical": "https://www.imf.org/en/publications/wp/issues/2016/12/30/saving-trends-in-southeast-asia-a-cross-country-analysis-1932",
  "overlayPath": "/en/publications/wp/issues/2016/12/30/saving-trends-in-southeast-asia-a-cross-country-analysis-1932/index.md",
  "summary": "This paper investigates the long-run pattern of private saving in Indonesia, Malaysia, Singapore, and Thailand. These countries have not only maintained saving levels that are currently among the highest in the world but have also experienced a sustained increase in their rate of private saving over",
  "sections": [
    {
      "heading": "Core findings",
      "content": "- The paper investigates the long-run pattern of private saving in Indonesia, Malaysia, Singapore, and Thailand.\n- These countries have maintained saving levels that are currently among the highest in the world.\n- These countries have experienced a sustained increase in their rate of private saving over the past twenty years.\n- The findings suggest that demographic shifts have been an important factor underlying regional saving trends with a similar long-run impact in each country, except for Indonesia where the effects of demographics have been even more pronounced."
    },
    {
      "heading": "Methodology",
      "content": "- Uses a cointegration approach.\n- Empirically examines the economic determinants underlying the saving trends in this group.\n- Examines the extent to which these countries share a common experience with respect to the factors accounting for their strong saving performance."
    },
    {
      "heading": "Subjects and keywords (as listed)",
      "content": "- Subjects: Aging, Disposable income, Income, National accounts, Population and demographics, Private savings\n- Keywords: Aging, coefficient estimate, country estimate, critical value, Disposable income, Engle-granger estimate, estimation result, Income, panel estimation, Private savings, saving rate, saving scheme, Southeast Asia, time series, WP\n\n---\n\n\nSource: https://www.imf.org/en/publications/wp/issues/2016/12/30/saving-trends-in-southeast-asia-a-cross-country-analysis-1932"
    }
  ],
  "bullets": [
    "[Markdown version](/en/publications/wp/issues/2016/12/30/saving-trends-in-southeast-asia-a-cross-country-analysis-1932/index.md)",
    "[Structured JSON version](/en/publications/wp/issues/2016/12/30/saving-trends-in-southeast-asia-a-cross-country-analysis-1932/index.json)",
    "[Bundle manifest](/en/publications/wp/issues/2016/12/30/saving-trends-in-southeast-asia-a-cross-country-analysis-1932/bundle-manifest.json)",
    "Authors: Hamid Faruqee, Aasim M. Husain",
    "Published: April 1, 1995",
    "Series: IMF Working Papers",
    "The paper investigates the long-run pattern of private saving in Indonesia, Malaysia, Singapore, and Thailand.",
    "These countries have maintained saving levels that are currently among the highest in the world.",
    "These countries have experienced a sustained increase in their rate of private saving over the past twenty years.",
    "The findings suggest that demographic shifts have been an important factor underlying regional saving trends with a similar long-run impact in each country, except for Indonesia where the effects of demographics have been even more pronounced.",
    "Uses a cointegration approach.",
    "Empirically examines the economic determinants underlying the saving trends in this group.",
    "Examines the extent to which these countries share a common experience with respect to the factors accounting for their strong saving performance.",
    "Subjects: Aging, Disposable income, Income, National accounts, Population and demographics, Private savings",
    "Keywords: Aging, coefficient estimate, country estimate, critical value, Disposable income, Engle-granger estimate, estimation result, Income, panel estimation, Private savings, saving rate, saving scheme, Southeast Asia, time series, WP"
  ],
  "alternates": {
    "markdown": "/en/publications/wp/issues/2016/12/30/saving-trends-in-southeast-asia-a-cross-country-analysis-1932/index.md",
    "json": "/en/publications/wp/issues/2016/12/30/saving-trends-in-southeast-asia-a-cross-country-analysis-1932/index.json",
    "bundleManifest": "/en/publications/wp/issues/2016/12/30/saving-trends-in-southeast-asia-a-cross-country-analysis-1932/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-17T07:27:58.869Z"
}