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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 … among the factors that have contributed most to delaying the private sector’s investment response and preventing a …
Persistent link: https://www.econbiz.de/10014396459
This paper studies the effect of demographic change on national saving, global interest rates, and international capital flows, focusing on the role of the public pension system. We develop a small open economy overlapping generations model to illustrate the channels through which demographic...
Persistent link: https://www.econbiz.de/10011978553
This paper examines the factors influencing Mexico''s private saving rate. Cross-country analysis finds that Mexico … sample. This analysis suggests that Mexico''s greater reliance on external saving, its relatively high population dependency … finds that movements in private saving have not been associated with similar shifts in investment, as changes in public …
Persistent link: https://www.econbiz.de/10014402282
Persistent link: https://www.econbiz.de/10010479415
Persistent link: https://www.econbiz.de/10010479438
The previous literature points to a high correlation between domestic rates of investment and savings among OECD … investment on the rate of domestic savings is statistically insignificant most of the time and generally smaller than 0.3 for any …
Persistent link: https://www.econbiz.de/10014400839
growth, investment, and savings for the period 1971-96, including through a growth accounting exercise, shows that increasing … long-run growth requires improvements in both investment and domestic savings. In the past, the Arab region’s growth was …
Persistent link: https://www.econbiz.de/10014403299
Italy and provinces in Canada. Analyzing saving-investment correlations, and developing as well as fitting to the data a …
Persistent link: https://www.econbiz.de/10014403500
financial liberalization on domestic investment and savings, the current account balance and the real exchange rate, both when …
Persistent link: https://www.econbiz.de/10014403509
by comparing its GDP components and its saving and investment performance with those of 10 faster-growing countries. The … study finds that sluggish investment has undermined growth since 1996 and that the underinvestment is in part explained by … limited saving. Thus, over the last decade, interactions between investment, saving, and production may have perpetuated slow …
Persistent link: https://www.econbiz.de/10014403913