Saving - what do we know, and why do we care? (Chinese)

In principle, there is little reason people, and countries facing different shocks, and income streams should strive for optimal saving rates. But in practice, the inter-temporal choices that underlie saving, are subject to externalities, market failures, and policy distortions, that can cause saving rates to differ from welfare-maximizing levels. The social value of saving could also exceed its private value, because of imperfections in global financial...

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Author

Loayza,Norman V.;

Schmidt-Hebbel,Klaus;

Serven,Luis;
Document Date
1999/08/30
Document Type
Brief
Report Number
26711
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2010/07/01
Disclosure Status
Disclosed
Doc Name
Saving - what do we know, and why do we care?
Keywords
capital flows

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Citation

Loayza,Norman V.; Schmidt-Hebbel,Klaus; Serven,Luis.

Saving - what do we know, and why do we care? (Chinese). PREM Notes ; no. 28. Economic Policy Washington, DC: World Bank. http://documents.worldbank.org/curated/en/696621468150591484

Saving - what do we know, and why do we care? (Chinese)

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