World Development Report 1997: The State in a Changing World. By the World Bank. New York: Oxford University Press, 1997. Pp.viii + 265. ISBN 0 19 521115 4 and 521114 6 Agenda for Africa's Economic Renewal. Edited by Benno Ndulu and Nicolas van de Walle. New Brunswick and Oxford: Transaction...

This article seeks to analyse the major determinants of differences in the domestic savings ratio between countries using panel data for 62 countries over the period 1967—95. A basic distinction is made between the determinants of the capacity to save and the willingness to save. The capacity...