IDEAS home Printed from https://ideas.repec.org/a/wsi/adrxxx/v02y1984i02ns0116110584000075.html
   My bibliography  Save this article

National Saving and Financial Development in Asian Developing Countries

Author

Listed:
  • Graham J. Abbott

Abstract

National saving finances the bulk of investment in all but a few Asian developing countries, though the extent to which foreign savings (i.e., inflows of external financial resources) have been used to supplement national savings to finance investment has increased in several of these countries since the mid-1970s (see Table 1). This trend cannot be sustained. Foreign aid is not likely to increase at the rate experienced in the past while debt-servicing problems have reduced the capacity of most developing countries to raise loans in foreign capital markets. These countries will have to raise their national saving rates (the ratio of gross national saving to gross national product) if they want to keep their investment rates (the ratio of gross national investment to gross national product) at about the level they have averaged in recent years. But apart from this immediate consideration, higher national saving rates are needed to provide the basis for self-sustained growth and development…

Suggested Citation

  • Graham J. Abbott, 1984. "National Saving and Financial Development in Asian Developing Countries," Asian Development Review (ADR), World Scientific Publishing Co. Pte. Ltd., vol. 2(02), pages 1-22.
    • Handle: RePEc:wsi:adrxxx:v:02:y:1984:i:02:n:s0116110584000075
    DOI: 10.1142/S0116110584000075
    as

    Download full text from publisher

    File URL: http://www.worldscientific.com/doi/abs/10.1142/S0116110584000075
    Download Restriction: Open Access
    File URL: https://libkey.io/10.1142/S0116110584000075?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:adrxxx:v:02:y:1984:i:02:n:s0116110584000075. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: https://www.worldscientific.com/worldscinet/adr .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.