Mobilization of Saving in Developing Countries: The Case If the Islamic Republic of Iran

Mohamed El-Erian and Manmohan Kumar

No 1996/136, IMF Working Papers from International Monetary Fund

Abstract: Mobilization of national saving is an important determinant of investment and growth. It assumed greater importance in the case of the Iranian economy, given the difficult external environment. This paper discusses the recent saving performance of the Iranian economy, particularly in relation to investment needs. Following a quantitative evaluation of the determinants of saving, the paper reviews the main implications for domestic economic policies in the period ahead.

Keywords: WP; saving rate; government saving; saving investment correlation; saving performance; rate of return; public saving; managed war economy; saving challenge; national saving; saving level; Private savings; Income; Oil prices; Terms of trade; Domestic savings; Middle East (search for similar items in EconPapers)
Pages: 48
Date: 1996-12-01
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