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Saving in Southeast Asia and Latin America Compared: Searching for Policy Lessons

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  • Mr. Christian Thimann
  • Mrs. Anuradha Dayal-Gulati

Abstract

This paper examines empirical determinants of private saving for a sample of economies in Southeast Asia and Latin America over the period 1975–95. It uses panel estimations to establish relationships between private saving rates and a range of policy and nonpolicy variables. The findings show that fiscal policy, particularly social security arrangements, influence private saving; also macroeconomic stability and financial deepening appear to have been important in accounting for differences in saving behavior between the two regions.

Suggested Citation

  • Mr. Christian Thimann & Mrs. Anuradha Dayal-Gulati, 1997. "Saving in Southeast Asia and Latin America Compared: Searching for Policy Lessons," IMF Working Papers 1997/110, International Monetary Fund.
    • Handle: RePEc:imf:imfwpa:1997/110
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    References listed on IDEAS

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