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

Thimann, Christian

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

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Year of publication:	1997
Authors:	Thimann, Christian
Other Persons:	Dayal-Gulati, Anuradha (contributor) ; Thimann, Christian (contributor)
Publisher:	Washington, D.C : International Monetary Fund
Subject:	Lateinamerika \| Latin America \| Südostasien \| Southeast Asia \| Sparen \| Savings