Mobilization of Saving in Developing Countries: The Case If the Islamic Republic of Iran

By Mohamed A. El-Erian, Manmohan S. Kumar

December 1, 1996

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Mohamed A. El-Erian, and Manmohan S. Kumar Mobilization of Saving in Developing Countries: The Case If the Islamic Republic of Iran, (USA: International Monetary Fund, 1996) accessed November 21, 2024

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

Mobilization of national saving is an important determinant of investment and growth. It assumed greater importance in the case of the Iranian economy, given the difficult external environment. This paper discusses the recent saving performance of the Iranian economy, particularly in relation to investment needs. Following a quantitative evaluation of the determinants of saving, the paper reviews the main implications for domestic economic policies in the period ahead.

Subject: Domestic savings, Income, International trade, National accounts, Oil prices, Prices, Private savings, Terms of trade

Keywords: Domestic savings, Government saving, Income, Managed war economy, Middle East, National saving, Oil prices, Private savings, Public saving, Rate of return, Saving challenge, Saving investment correlation, Saving level, Saving performance, Saving rate, Terms of trade, WP

Publication Details

Pages:

48
Volume:

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DOI:

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Issue:

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Series:

Working Paper No. 1996/136
Stock No:

WPIEA1361996
ISBN:

9781451855760
ISSN:

1018-5941

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