I Trends in National Saving
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International Monetary Fund
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Language:
English
Print Publication Date:
19 Mar 1990
Keywords:
OP; saving rate; rate; saving; investment; country; government saving; household saving; national saving; investment ratio; government dissaving; Private savings; Consumption; Income; Current account imbalances; Real interest rates; Middle East; Western Hemisphere; Asia and Pacific; Global; East Africa; domestic investment; saving ratio; investment rate; Current account balance; National income

Abstract

During the 1970s, foreign saving made an important contribution to the financing of investment in developing countries. In recent years, however, not only has the total supply of saving declined in industrial countries but because of the debt crisis in the developing countries such saving has been retained within the industrial countries themselves and thereby the availability of external funds for developing countries has been curtailed. This reduced flow of foreign resources suggests that national saving in the developing countries must finance the bulk of the increase in domestic investment required to restore adequate levels of economic growth in these countries. National saving rates, however, have declined sharply along with foreign saving and domestic investment in many developing countries during the 1980s. Consequently, policies to raise both public and private saving and investment have become even more critical for the growth and adjustment efforts of developing economies.23

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Cover The Role of National Saving in the World Economy
The Role of National Saving in the World Economy
Recent Trends and Prospects: Occa Paper No.67
ISBN:
9781557751348
ISSN:
0251-6365
Publication Date:
19 Mar 1990
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781557751348.084
Pages:
66

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