problem sharply increases the payoff from accelerating the structural reform process. Regarding savings, critical aspects are … the changes in methods of financing resulting from economic reform, and the availability of foreign savings, both in the …

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 …

structural reforms have been conducive to better growth, savings, and private investment …

This paper studies the effects that borrowing constraints have on savings and growth and argues that, though they … increase savings, their effect on growth is ambiguous. Empirical evidence on the extent of borrowing constraints as well as … savings, investment, human capital accumulation and growth performance for industrialized countries is presented. A simple …