among the factors that have contributed most to delaying the private sector’s investment response and preventing a …

This paper extends recent work by Feldstein and Horioka (1980) and Bayoumi (1990), and examines saving-investment … non-EMS countries. It is seen that the EMS countries exhibit much lower saving-investment correlations than their non …

, the limited tools available to policymakers to affect savings are discussed. Finally, the extent to which recent tax …

This paper analyzes reasons for the high post-war correlations of saving and investment, both across countries and over …

This paper shows how growth and demography, two important determinants of the savings rate in the life-cycle approach …, explain a large part of the diversity in savings behavior in Asia across eight countries as well as over time. Inflation and … save. The paper also finds evidence in favor of the error-correction formulation under which the savings rate varies …

strengthening in domestic savings and rise in domestic investment permanent, auguring well for accelerated growth within a … investment; and (3) the structural reforms implemented in Pakistan during the past four years should make the observed …, and by an acceleration of structural reforms to further improve productivity and the investment climate …

growth-accounting framework are outlined. The main constraints to growth and private investment and current policy initiative … to promote broad-based growth and private investment are analyzed. The various methods employed suggest that there is …