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Saving Across the World: Puzzles and Policies

Klaus Schmidt-Hebbel () and Luis Servén

World Bank - Discussion Papers from World Bank

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.

Keywords: SAVINGS; FINANCIAL POLICY; DEBT (search for similar items in EconPapers)
JEL-codes: O10 O16 (search for similar items in EconPapers)
Date: 1997
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