ADB Economics Working Paper Series No. 162
Saving in Asia:Issues or Rebalancing Growth
Shikha Jha, Eswar Prasad, and Akiko Terada-Hagiwara
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.