This paper complements previous studies by arguing that the low private savings ratio in Latin America can be … established a relationship between private savings and financial markets either by using a measure of "financial depth" or a … measure of "borrowing constraints". This paper offers an alternative view by claiming that the private savings rate relates …

Why should people - and economies - save? This book on the savings problem in Latin America and the Caribbean suggests … Savings Count -- 4 More and Better Saving for Productive Investment 5 Saving for Stability.-6 Running Out of Time: The …

This article explores in depth the role of indigenous and foreign innovation efforts in technological change and … catching up in emerging economies. It also looks at the interaction between indigenous and foreign innovation. The article … benefits of international technology diffusion can only be delivered with parallel indigenous innovation efforts and the …