Showing 1 - 10 of 24
This staff report on Saudi Arabia’s 2013 Article IV Consultation discusses economic policies and development. As the largest crude oil exporter, and the only producer with significant spare capacity, Saudi Arabia plays a systemic and stabilizing role in the global oil market. In 2011,...
Persistent link: https://www.econbiz.de/10011244901
This paper presents a detailed analysis of the average fiscal policy responses of oil producing countries (OPCs) to the recent oil price cycle. We find that OPCs worsened their non-oil primary balances substantially during 2003-2008 driven by an increase in primary spending. However, this trend...
Persistent link: https://www.econbiz.de/10008519486
Persistent link: https://www.econbiz.de/10009510794
The penetration level of the insurance and pension sectors in Malawi is low, but it seems adequate as compared with other countries in similar stages of development. Concentration and costs are high, the regulatory framework is outdated or inexistent and supervision is weak. An innovative pilot...
Persistent link: https://www.econbiz.de/10012247124
This paper extends recent work by Feldstein and Horioka (1980) and Bayoumi (1990), and examines saving … non-EMS countries. It is seen that the EMS countries exhibit much lower saving-investment correlations than their non …
Persistent link: https://www.econbiz.de/10014396141
decline as a share of the consumption needs of the elderly, leading to financial pressures to reduce their consumption. The …
Persistent link: https://www.econbiz.de/10014396157
This paper reviews the literature on factors which affect saving and capital formation in industrialized countries …. Problems of measurement are briefly examined. Evidence of the effect on the rate of saving of real rates of return, income … redistribution, allocation of saving between corporations and individuals, growth of public and private pension plans, tax incentives …
Persistent link: https://www.econbiz.de/10014396192
This paper analyzes reasons for the high post-war correlations of saving and investment, both across countries and over …
Persistent link: https://www.econbiz.de/10014396226
Despite Mexico’s recent remarkable progress in adjusting its fiscal and external accounts and in restructuring its economy, the recovery of growth has remained elusive. This paper reviews some aspects of Mexico’s recent performance and suggests that systemic adjustment uncertainty, and...
Persistent link: https://www.econbiz.de/10014396459
Household savings behavior in China during the past 30 years has been studied by using econometric models with the time-varying-parameter technique. The rural sector and the urban sector are investigated separately. In comparison to previous studies on the same subject, the estimated models of...
Persistent link: https://www.econbiz.de/10014396466