Abstract

Although, as the discussion in Section III indicated, it is difficult to identify an appropriate rate of national saving, for a number of reasons the current level of saving in industrial countries may be regarded as low. Consequently, this section focuses on policy measures that can be employed to raise national saving. The next two subsections discuss two broad categories of policies: (1) budget policies for increasing government saving and (2) tax policies that provide incentives for increased private saving. The third subsection examines issues raised by the international context in which these policies would be implemented. The section concludes with a brief summary.

Recent Trends and Prospects: Occa Paper No.67
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