Dependency Rates and Private Savings Behavior in Developing Countries

1988 ◽  
Author(s):  
Nicola Rossi
Keyword(s):  
Developing Countries ◽  
Savings Behavior ◽  
Private Savings

scholarly journals Incorporating Private Savings Behavior in Product Offerings: A Case Study of Pakistan

2021 ◽  
Vol 10 (2) ◽  
pp. 247-258
Author(s):  
Salman Ahmed Shaikh
Keyword(s):  
Urban Areas ◽  
Savings Behavior ◽  
Ex Post ◽  
Savings Rate ◽  
Investment Returns ◽  
Private Savings ◽  
Micro Foundations ◽  
Islamic Investment

In order to enhance understanding about the actual savings behaviour and impulses which drive savings behaviour, it is interesting to study the micro foundations of savings behaviour. Collecting micro data through filled questionnaire from households in urban areas, this study identifies the motives of savings and the instruments and channels where the savings are invested in Pakistan. The results reveal that investment motive, higher income and greater frequency of household members joining labor force for earning incomes enhance the monthly savings rate. The results can be used to offer Islamic investment deposits in an attractive way. If the investment deposits are pitched properly by highlighting the stable ex-post investment returns and low ex-post volatility, then people with an investment motive parking their savings in fixed income mutual funds would be attracted towards Islamic investment deposits. Likewise, incremental long term savings plans wherein periodic investments increase over a period of time can be offered given that monthly savings rate are found to be positively associated with income. Finally, joint investment accounts can be offered given the finding that monthly savings rate is higher in households with greater number of earning members in family.JEL Classification: G11, G21, G23How to Cite:Shaikh, S. A. (2021). Incorporating Private Savings Behavior in Product Offerings: A Case Study of Pakistan. Signifikan: Jurnal Ilmu Ekonomi, 10(2), 247-258. https://doi.org/10.15408/sjie.v10i2.20139.

scholarly journals Public and Private Savings of Selected Developing Countries in the First UN Development Decade

1976 ◽  
Vol 15 (4) ◽  
pp. 446-457
Author(s):  
Paul Jonas ◽  
Anjum Nasim
Keyword(s):  
Developing Countries ◽  
Developed Countries ◽  
World Population ◽  
Economic Policies ◽  
Public And Private ◽  
Development Decade ◽  
Low Incomes ◽  
Private Savings ◽  
Gross World Product ◽  
The Developed Countries

The developed countries contain about one-third of the world population and they produce more than 80 percent of Gross World Product (GWP). The remaining two-thirds of the population of our Globe who lives in Asia, Latin America and most of Africa produces less than 20 percent of the GWP. A small segment of the population of these countries is wealthy but the over¬whelming majority subsists on substandard incomes and is characterised by mass illiteracy, mal-nutrition, bad housing and lack of medical care. Because of these characteristics they have low productivity, which yields low level of income; low incomes, in turn, imply a small capacity to save resulting in an economic situation where there is barely a possibility to moblize resources for development. The question has often been raised: 'Is there way out for the developing countries' ? 1960s were declared as the First UN Development Decade and it was hoped that during these years the pre-conditions for a successful development would be established in various developing countries. The present study analyses data on public revenue, public expenditure, public savings and private savings for 12 selected developing countries pertaining to the years of the First U.N. Development Decade. The general conclusion that emerges from the study clearly suggests that with appropriate economic policies resources for development can be mobilized in the developing countries.

Impact of Fiscal Decentralization on Private Savings in a Developing Country

2017 ◽  
Vol 12 (3) ◽  
pp. 259-285 ◽  
Author(s):  
Imran Hanif ◽  
Pilar Gago-de Santos
Keyword(s):  
Developing Countries ◽  
Developing Country ◽  
Fiscal Federalism ◽  
Fiscal Decentralization ◽  
Empirical Studies ◽  
Vector Error Correction ◽  
Long Run ◽  
Major Interest ◽  
Short Run ◽  
Private Savings

In this article, we provide empirical evidence on the long-run relationship between fiscal decentralization and private savings in a developing country. We take into consideration the particular impact of fiscal decentralization on private savings and investment as vehicles for fostering growth in Pakistan over a period of almost four decades (1972–2010). Additionally, we use the same dataset to capture the short-run dynamics between these variables. We find a significant and positive correlation between fiscal decentralization and private savings in Pakistan during the period in question. To test this relationship for the long run, we have resorted to co-integrated variables; by contrast, for analysis of the short run, we used a vector error correction model (ECM). Private savings are positively correlated with the fiscal decentralization process from a revenue perspective. Though previous empirical studies have shown mixed results—in the sense that inconclusive outcomes still prevail when linking growth and fiscal federalism—our findings could be of major interest to other developing countries currently undertaking fiscal decentralization. According to our analysis, fiscal decentralization may indeed play a key role in promoting economic growth in developing countries.

Determinants of Consumption and Savings Behavior in Developing Countries

1989 ◽  
Vol 3 (3) ◽  
pp. 379-393 ◽  
Author(s):  
Lakshmi K. Raut ◽  
Arvind Virmani
Keyword(s):  
Developing Countries ◽  
Savings Behavior
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