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Saving in Asia and Issues for Rebalancing Growth

Saving in Asia and Issues for Rebalancing Growth

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This paper examines the composition of national saving, analyzes what forces drive saving rates, and draws policy conclusions from the analysis that are relevant for the economies and which might play an important part in rebalancing global growth.
This paper examines the composition of national saving, analyzes what forces drive saving rates, and draws policy conclusions from the analysis that are relevant for the economies and which might play an important part in rebalancing global growth.

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Published by: Asian Development Bank on Aug 14, 2013
Copyright:Attribution Non-commercial

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08/19/2013

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 ADB Economics Working Paper Series
Saving in Asia and Issuesor Rebalancing Growth
Shikha Jha, Eswar Prasad, and Akiko Terada-HagiwaraNo. 162 | May 2009
 
ADB Economics Working Paper Series No. 162
Saving in Asia:Issues or Rebalancing Growth
Shikha Jha, Eswar Prasad, and Akiko Terada-Hagiwara
May 2009
Shikha Jha is Senior Economist and Akiko Terada-Hagiwara is Economist in the Macroeconomics andFinance Research Division, Economics and Research Department, Asian Development Bank; Eswar Prasad is Nandlal P. Tolani Senior Professor of Trade Policy and International Professor of AppliedEconomics and Management, Cornell University. The authors are grateful to Joseph Ernest Zveglich, Jr. for helpful comments, Yolanda Fernandez-Lommen for providing insights on savings in the People’s Republicof China, and Pilipinas F. Quising for superb research and technical assistance. However, the authors aresolely responsible for any remaining errors.

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