129 sayfa. 13.5x19.5 cm
EMERGING MARKETS IN FINANCIAL CRISIS: CAPITAL FLOW, SAVING, DEBT AND BANKING REFORMS
MARWAN, A THANOON; BAHARUMSHAH, AHMAD Z;
This paper investigates the determinants of savings in Asia and compares them with those of the economies in Latin America. The evidence based reveals that countries in the two regions share some common features with respect to their savings rates that are largely affected by (1) international capital inflows, which, in general, displace domestic savings in less than one-to-one fashion; (2) dependency ratios, hence supporting life-cycle hypothesis; and (3) the size of the export sector which can contribute positively to national savings. Despite these similarities, a number of important differences can be identified across country groups. First, economic growth affects national savings positively (negatively) in Asia (Latin America).
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- Kitap:
- EFENDİ VE KÖLE
- Kullanıcı:
- H.D.
- Tarih:
- 22 Kasım 2025 11:24