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Saving Across the World: Puzzles and Policies

Author

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  • Schmidt-Hebbel, K.
  • Serven, L.

Abstract

Promoting a high savings rate is high on the World Bank's agenda for promoting national income growth. This study surveys broad saving trends worldwide, summarizes current knowledge about savings and consumption, identifies main unresolved issues, and outlines the major policy questions to be researched. The paper include case studies from Sub-Saharan Africa, China, Colombia, India, Mexico, and Pakistan.

Suggested Citation

  • Schmidt-Hebbel, K. & Serven, L., 1997. "Saving Across the World: Puzzles and Policies," World Bank - Discussion Papers 354, World Bank.
    • Handle: RePEc:fth:wobadi:354
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    References listed on IDEAS

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    More about this item

    Keywords

    SAVINGS ; FINANCIAL POLICY ; DEBT;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance

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