Show simple item record

Saving Transitions in Southeast Asia

dc.contributor.authorFrank Harrigan
dc.date.accessioned2015-03-18T12:25:39Z
dc.date.available2015-03-18T12:25:39Z
dc.date.issued1996-05-15
dc.identifier.urihttp://hdl.handle.net/11540/3064
dc.description.abstractThis paper examines the evolution of saving in five Southeast Asian countries over the period 1972-1991. In different ways, each of these economies experienced a "saving transition" during this time. Four of the five economies in the panel are now among the highest saving economies in the world, but their stellar saving rates are of comparatively recent origin. In the remaining economy, the Philippines, saving plummeted to Latin American levels from a comparatively high base. Our empirical analysis suggests that policy may have played an important part in influencing saving in these economies. Prudent budgetary policies, financial sector liberalization, and statutory saving schemes, where they have been applied, would all appear to have raised private saving. Saving performance also appears to have been assisted by strong economic growth and falling young age dependency. Reassuringly, from a statistical standpoint, we find that both income growth and government saving can be treated as "weakly exogenous" determinants of private saving in Southeast Asia.
dc.languageEnglish
dc.publisherAsian Development Bank
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.titleSaving Transitions in Southeast Asia
dc.typeReports
dc.subject.expertEconomic Development
dc.subject.expertEconomic Infrastructure
dc.subject.expertEconomic Policies
dc.subject.expertRegional Economic Development
dc.subject.expertMicrofinance Programs
dc.subject.expertPublic Finance
dc.subject.expertLocal Financing
dc.subject.expertFinancial Stability
dc.subject.expertFinancial Sector Regulation
dc.subject.adbEnterprises
dc.subject.adbFinancial aid
dc.subject.adbEconomies in transition
dc.subject.adbLocal Finance
dc.subject.adbLocal Government
dc.subject.adbInsurance Companies
dc.subject.adbBanks
dc.subject.adbSocial Equity
dc.subject.naturalSocial responsibility of business
dc.subject.naturalAccounting
dc.subject.naturalPersonal budgets
dc.subject.naturalCost and standard of living
dc.subject.naturalBank accounts
dc.subject.naturalCredit control
dc.subject.naturalRegulatory reform
dc.subject.naturalBanks and banking
dc.title.seriesEDRC Report Series
dc.contributor.imprintAsian Development Bank
oar.themeEconomics
oar.themeFinance
oar.adminregionAsia and the Pacific Region
oar.countryBangladesh
oar.countryBhutan
oar.countryIndia
oar.countryMaldives
oar.countryNepal
oar.countrySri Lanka
oar.countryBrunei Darussalam
oar.countryCambodia
oar.countryIndonesia
oar.countryLao People's Democratic
oar.countryMalaysia
oar.countryMyanmar
oar.countryPhilippines
oar.countrySingapore
oar.countryThailand
oar.countryViet Nam
oar.countryCook Islands
oar.countryFiji Islands
oar.countryKiribati
oar.countryMarshall Islands
oar.countryFederated States of Micronesia
oar.countryNauru
oar.countryPalau
oar.countryPapua New Guinea
oar.countrySamoa
oar.countrySolomon Islands
oar.countryTimor-Leste
oar.countryTonga
oar.countryTuvalu
oar.countryVanuatu
oar.countryAfghanistan
oar.countryArmenia
oar.countryAzerbaijan
oar.countryGeorgia
oar.countryKazakhstan
oar.countryKyrgyz Republic
oar.countryPakistan
oar.countryTajikistan
oar.countryTurkmenistan
oar.countryUzbekistan
oar.countryPeople's Republic of China
oar.countryHong Kong
oar.countryChina
oar.countryRepublic of Korea
oar.countryMongolia
oar.countryTaipei,China
oar.identifierOAR-002954
oar.authorHarrigan, Frank
oar.importtrue
oar.googlescholar.linkpresenttrue


Files in this item

Thumbnail

This item appears in the following Collection(s)

  • Report Series
    The Asian Development Bank’s Report Series are a collection of reports released serially, and are scholarly publications that have common characteristics such as thematic approach, geographic location, sector focus, or country assessments or analyses. The reports in a series may be organized in different ways but each series is always identified as part of a certain collection.

Show simple item record