The Role of national saving in the world economy: recent trends and prospects - no. 67

This paper describes the role of national saving in the world economy.

It deals with issues that are related primarily to national saving in industrial countries.

The paper describes trends in national saving rates of industrial countries and briefly discusses the prospects over the medium term.

The discussion confirms that there have been marked differences among industrial countries in terms of the proportion of national income that is saved.

The paper also examines the determinants of saving in industrial countries.