This research examines the key determinants of saving. It looks at the relationship between saving and growth, and analyzes how saving is affected by macroeconomic policies, financial sector liberalization, pension reform, and foreign aid. It includes country case studies. The project includes the development of an improved cross-country database on public and private saving. The work is coordinated with operational support so that it will contribute to economic reports on China, India, Mexico and other countries. The saving database consists of the following modules:
Module 1: National saving and other national accounts aggregates
Module 2: Saving of the private and public sectors (with the latter defined as the central government only)
Module 2a: Unadjusted saving
Module 2b: Adjusted saving (corrected for inflation and exchange depreciation)
Module 3: Saving of the private and public sectors (with the latter defined as the general government or the non-financial public sector).
Module 3a: Unadjusted saving
Module 3b: Adjusted saving (corrected for inflation and exchange depreciation)
Module 4: Selected saving determinants
Module 5: Personal and firm saving and investment