. The study was funded by the Bank's Research Support Budget under the research project "Contractual Savings Institutions …

-existing mandatory pensions for private sector workers, but they need a stronger supervision and regulation to enhance their benefits …. Rules should seek to promote portfolio diversification, higher portability of pensions and old age income security through …

inclusive Gross Domestic Product (GDP) growth. Modest investment rates despite attractive returns and low savings rates despite … environment is estimated at 3.5 percent. In light of South Africa's low national savings, the reemergence of high current account … inclusive growth, with special emphasis on the issues of savings and investment …

Domestic savings in Turkey declined significantly in the 2000s. The domestic savings rate declined from an average of … most of the period. A strong fiscal adjustment underpinned the improvement in public savings in the post-2001 period. The … will be vital for sustainable growth. The fall in private savings after 2001 was mostly a result of the decline in …