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Abstract The sub-optimal savings propensity in South Africa the past three decades causes concern for the ability of … the country to support its economic development. An historical analysis of the development of the savings’ trends in South … economic activity in the Cape Colony very little is known about the role financial sector development and savings played in the …
Persistent link: https://www.econbiz.de/10011260668
Paper introduces mathematical models describing long-time effects of real savings on economic growth. Models are built … equations. Modeling results show a limited long-run economic growth for occasional and constant-rate systematic internal savings …, a steady long-run economic growth if acceleration rate of internal savings lies within the proper limit for every …
Persistent link: https://www.econbiz.de/10005836790
savings in our model to evaluate the sustainability of the system. …
Persistent link: https://www.econbiz.de/10005621602
The objective of this article is to identify the nature of the relationship between the financial sphere and the productive sphere. First, disclosing the various theoretical and empirical studies on the so-called relationship, then highlighting the nature of the relationship between the two...
Persistent link: https://www.econbiz.de/10011171775
Savers, including pension savers, convert savings into assets: homes,government bonds and shares.The conversion of … savings is for the very long term. Once monies are turned into assets, the reverse process of turning assets into cash cannot …
Persistent link: https://www.econbiz.de/10011111570
This article presents a theoretical contribution to the field of overlapping-generations general equilibrium modelling, i.e. an upgrade of this branch of models with a pension system. Within the pension block we model both the first pension pillar, financed on a pay-as-you-go basis, and the...
Persistent link: https://www.econbiz.de/10005616809
Population ageing increases fiscal pressure by increasing the aged to working-age ratio, which simultaneously reduces the growth in government revenue and increases government social outlays. This study evaluates proposed tax and economic growth policies to meet the population ageing induced...
Persistent link: https://www.econbiz.de/10011258581
wealth variables like total market capitalization of stocks. In line with theory, it was found that nominal national savings … Pakistan. Consumption decisions determine savings decisions. In long term growth literature, differences in long term growth … had been explained to a large extent by differences in the rate of savings which also determine a country’s investment in …
Persistent link: https://www.econbiz.de/10011258849
savings, as distinct from savings through compulsory contributions to the program. We consider a microfinance program … income increases more in treatment-group households, the increase in personal savings of the microfinance …
Persistent link: https://www.econbiz.de/10011259347
This paper addresses the condition of savings and investments enviroment in the world economy and in particular regions …
Persistent link: https://www.econbiz.de/10011259981