National saving and financial development in Asian developing countries

Based on the findings of a study, recently completed by the Asian Development Bank, on the mobilization of savings and the process of financial intermediation in Bangladesh, Nepal, Pakistan, Sri Lanka, South Korea and Thailand, the article discusses how measures designed to promote financial development, i.e., measures to enhance the capacity and efficiency of the financial sector, can help improve the national saving rate. Measures now being implemented by these countries to improve the operation of their financial systems