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Public Policies and Private Saving in Mexico

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  • Martin Feldstein

Abstract

Increasing the rate of saving is an important priority for many emerging market countries. This paper focuses on Mexico and discusses a variety of policies through which the government of Mexico could stimulate a higher rate of saving. These ideas are building blocks rather than an overall plan. Some are mutually exclusive but most are options that could be combined to achieve a higher rate of saving. Although the emphasis is on policy options that can be helpful in raising saving, the paper also discusses proposals that would be likely to reduce the rate of saving. The primary focus of the paper is on tax reforms, but there is also a discussion of financial regulation, government debt management, and the new system of retirement saving accounts.

Suggested Citation

  • Martin Feldstein, 1999. "Public Policies and Private Saving in Mexico," NBER Working Papers 6930, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberwo:6930
    Note: PE
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    Cited by:

    1. Kildegaard, Arne, 2001. "Fiscal reform, bank solvency, and the law of unintended consequences: a CGE analysis of Mexico," The North American Journal of Economics and Finance, Elsevier, vol. 12(1), pages 55-77, March.
    2. Robertson, Raymond & Dutkowsky, Donald H., 2002. "Labor adjustment costs in a destination country: the case of Mexico," Journal of Development Economics, Elsevier, vol. 67(1), pages 29-54, February.

    More about this item

    JEL classification:

    • H2 - Public Economics - - Taxation, Subsidies, and Revenue
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance

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