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Foreign aid, the real exchange rate (RER), and economic growth are three key variables that shape the aftermath of civil wars in many developing countries. Panel estimations drawn from a sample of 39 conflict and 44 nonconflict countries between 1970 and 2004 indicate that although postconflict...
Persistent link: https://www.econbiz.de/10008546066
This article reviews the current state of knowledge on the determinants of saving rates, presenting the main findings and contributions of the recently completed World Bank research project, “Saving Across the World”. The article discusses the basic design of the research project and its...
Persistent link: https://www.econbiz.de/10008643804
Although most studies have relied on domestic or private sector saving data, this article uses household data available from the U.N. System of National Accounts for a sample of 10 countries. Household saving functions are estimated.using combined time-series and cross-country observations in...
Persistent link: https://www.econbiz.de/10005436317