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Saving Trends in Southeast Asia
Mr.Hamid FaruqeeMr.Aasim M. Husain
其他書名
A Cross-Country Analysis
出版International Monetary Fund, 1995-04-01
主題Business & Economics / Economics / MacroeconomicsSocial Science / Demography
ISBN14518457749781451845778
URLhttp://books.google.com.hk/books?id=ylEYEAAAQBAJ&hl=&source=gbs_api
EBookSAMPLE
註釋This paper investigates the long-run pattern of private saving in Indonesia, Malaysia, Singapore, and Thailand. These countries have not only maintained saving levels that are currently among the highest in the world but have also experienced a sustained increase in their rate of private saving over the past twenty years. Using a cointegration approach, this paper empirically examines the economic determinants underlying the saving trends in this group and the extent to which these countries share a common experience with respect to the factors accounting for their strong saving performance. The findings suggest that demographic shifts have been an important factor underlying regional saving trends with a similar long-run impact in each country, except for Indonesia where the effects of demographics have been even more pronounced.