A review of planning documents, policy statements and literature on financial markets in and activities of financial institutions of Papua New Guinea clearly shows that voluntary rural savings mobilization has been a "neglected area" in the country's rural development. The author examines myths...

An understanding of the determinants of savings is crucial for understanding the development process in the Third World. Asian countries merit special attention in this context insofar as in the last two decades gross national savings as a percentage of GNP have been much more buoyant in the...