This paper is a state-of-the-art report on the scope and efficacy of macroeconomic policies, both demand-management and supply-side, in relation to the level and composition of aggregate domestic savings (household, corporate, and government) performance in developing countries. Its central...

The literature on central banks neglects their promotional role whose rationale derives from the correction of financial market failures and externalities of financial intermediation. This paper analyses the rationale and such modalities of the promotional role as preferential interest and...