Savings transition in Asia: Unity in diversity

Prema-chandra Athukorala and Wanissa Suanin

No wp-2022-172, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: This paper examines the national savings behaviour in the process of economic growth through a comparative analysis of countries in developing Asia from a historical perspective. Developing Asia provides an ideal laboratory for the study with considerable differences in the savings behaviour among countries and over time within individual countries, notwithstanding the 'model saver' image based on the average savings rate. The empirical analysis distinguishes between private and government savings rates, with specific emphasis on the former.

Keywords: Saving; Life cycle; Export-led growth; Structural transformation; Asia (search for similar items in EconPapers)
Date: 2022
New Economics Papers: this item is included in nep-his and nep-sea
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Citations: View citations in EconPapers (1)

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