Showing 1 - 10 of 338
This paper investigates how China's saving, investment, and saving-investment balance will evolve in the decades ahead …, cross-country empirical analysis shows that economywide saving and investment in China are higher than what would be … demographics - saving and investment would both decline only mildly in the coming two decades, with ambiguous impact on the current …
Persistent link: https://www.econbiz.de/10012748022
This paper examines the causal relationship between energy efficiency and economic growth based on panel data for 56 high- and middle-income countries from 1978 to 2012. Using a panel vector autoregression approach, the study finds evidence of a long-run Granger causality from economic growth to...
Persistent link: https://www.econbiz.de/10012954323
saving, and total saving during 1960 to 1990. The paper extends the scope of the empirical investigation of the determinants …
Persistent link: https://www.econbiz.de/10012959137
Changing population age structures are shaping the trajectories of development in many countries, bringing opportunities and challenges. While aging has been a matter of concern for upper-middle and high-income economies, rapid population growth is set to continue in the poorest countries over...
Persistent link: https://www.econbiz.de/10012968199
A widely shared view holds that there is no policy-exploitable causal connection from saving to growth because domestic … saving is fully endogenous, optimally determined, or substitutable by foreign saving. Yet, abandoning these assumptions …, which are questionable in the real world of frictions, leads to three channels through which domestic saving may promote …
Persistent link: https://www.econbiz.de/10012971285
borrowing or remittances, significantly impact saving rates. The macroeconomic and microeconomic analyses of the determinants of … saving rates in Armenia point to three policy areas: the macroeconomic environment, the financial sector, and the role of …
Persistent link: https://www.econbiz.de/10012974165
free. It took an increasing effort of resource mobilization in the country, with a rise in national saving from 15 percent … of gross domestic product in the mid-1970s to 25 percent in 2010. This rise in national saving was fundamentally fueled … and sustained by the private sector. In the future, however, the private saving rate is likely to decline because the …
Persistent link: https://www.econbiz.de/10012974727
This study illustrates the mechanisms linking national saving and economic growth, with the purpose of understanding … the possibilities and limits of a saving-based growth agenda in the context of the Egyptian economy. This is done through … feasible at current rates of national saving and would require a saving effort that is highly unrealistic. For instance …
Persistent link: https://www.econbiz.de/10012976208
, saving rates could increase and not necessarily fall as a consequence of aging in Brazil -- thus contradicting conventional … further crowding out private saving -- thus balancing capital accumulation with intergenerational income distribution. In … conclusion, Brazil will not necessarily experience a fall in saving and growth, but if government policies are appropriately …
Persistent link: https://www.econbiz.de/10012976226
increase in private sector credit supporting private investment. This was facilitated by a prudent and accommodative regional … monetary policy and improved financial regulation. Pro-cyclical fiscal policies supported public infrastructure investment but …
Persistent link: https://www.econbiz.de/10012906439