Promoting Savings in Latin America
Author: Inter-American Development Bank
Publisher: Development Centre of the Organisation for Economic Co-operation and Development
Published: 1997
Total Pages: 298
ISBN-13:
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Author: Inter-American Development Bank
Publisher: Development Centre of the Organisation for Economic Co-operation and Development
Published: 1997
Total Pages: 298
ISBN-13:
DOWNLOAD EBOOKAuthor: Inter-American Development Bank
Publisher: Springer
Published: 2016-07-08
Total Pages: 352
ISBN-13: 1349949299
DOWNLOAD EBOOKWhy should people - and economies - save? This book on the savings problem in Latin America and the Caribbean suggests that, while saving to survive the bad times is important, saving to thrive in the good times is what really counts. People must save to invest in health and education, live productive and fulfilling lives, and make the most of their retirement years. Firms must save to grow their enterprises, employ more workers in better jobs, and produce quality goods. Governments must save to build the infrastructure required by a productive economy, provide quality services to their citizens, and assure their senior citizens a dignified, worry-free retirement. In short, countries must save not for the proverbial rainy day, but for a sunny day - a time when everyone can bask in the benefits of growth, prosperity, and well-being. This book is open access under a CC BY-NC-ND 3.0 IGO license.
Author: Robert E. Grosse
Publisher:
Published: 1997
Total Pages: 196
ISBN-13:
DOWNLOAD EBOOKAnalyzes the potential for generating savings for Latin America and for several countries in the region. Examines the contribution of savings to the process of capital formation, the relationship between domestic savings and domestic investment, and the effects of foreign investment on savings and capital investment in the region. Specific topics include foreign sources of long-term financing for borrowers in Brazil, the use of ADRs to finance investment in Colombia and Latin America, and Chilean pension fund reform and its impact on savings. Annotation copyrighted by Book News, Inc., Portland, OR
Author: Ms.Era Dabla-Norris
Publisher: International Monetary Fund
Published: 2015-09-28
Total Pages: 35
ISBN-13: 1513568922
DOWNLOAD EBOOKCountries in Latin America and the Caribbean (LAC) have made important strides in promoting financial inclusion of firms and households. However, while the region is broadly at par with its peers on financial inclusion of firms, household inclusion lags behind. Nonetheless, there is substantial heterogeneity across LAC countries. Reducing borrowing costs and strengthening further the regulatory environment, while taking steps to protect efficiency and stability of the financial system, could help close financial inclusion gaps. Reducing financial participation and monitoring costs and relaxing collateral constraints will help spur growth and reduce inequality though trade-offs are likely, as illustrated in the case of Guatemala, El Salvador, and Peru.
Author: Luis Landau
Publisher:
Published: 1966
Total Pages: 52
ISBN-13:
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Publisher:
Published: 1989
Total Pages: 521
ISBN-13:
DOWNLOAD EBOOKAuthor: Michael K. Gavin
Publisher:
Published: 1997
Total Pages: 32
ISBN-13:
DOWNLOAD EBOOKThe paper reviews and contributes to the policy debate surrounding saving in Latin America presenting an alternative perspective on the relationship between saving and growth, saving and inflation stabilization and structural reform, and saving and capital flows, drawing on the experience of Latin America and East Asia.
Author: Rafael Rofman
Publisher: World Bank Publications
Published: 2020-10-23
Total Pages: 185
ISBN-13: 1464816050
DOWNLOAD EBOOKLatin American countries are in the midst of a demographic transition and, as a consequence, a population-aging process. Over the next few decades, the number of children will decline relative to the number of older adults. Population aging is the result of a slow but sustained reduction in mortality rates, given increases in life expectancy and fertility. These trends reflect welcome long-term improvements in welfare and in economic and social development. But this process also entails policy challenges: many public institutions—including education, health, and pension systems and labor market regulations—are designed for a different demographic context and will need to be adapted. When We’re Sixty-Four discusses public policies aimed at overcoming the two main challenges facing Latin American countries concerning the changing demographics. On one hand, older populations demand more fiscal resources for social services, such as health, long-term care, and pensions. On the other, population aging produces shifts in the proportion of the population that is working age, which may affect long-term economic growth. Aging societies risk losing dynamism, being exposed to higher dependency rates, and experiencing lower savings rates. Nonetheless, in the interim, Latin American countries have a demographic opportunity: a temporary decline in dependency rates creates a period in which the share of the working-age population, with its associated saving capacity, is at its highest levels. This constitutes a great opportunity in the short term because the higher savings may result in increases in capital endowment per worker and productivity. For that to happen, it is necessary to generate institutional, financial, and fiscal conditions that promote larger savings and investment, accelerating per capita economic growth in a sustainable way.
Author: Mr. Dmitry Gershenson
Publisher: International Monetary Fund
Published: 2021-08-20
Total Pages: 77
ISBN-13: 1513592238
DOWNLOAD EBOOKDespite some improvement since 2011, Latin America and the Caribbean continue to lag behind other regions in terms of financial inclusion. There is no clear evidence that fintech developments have supported greater financial inclusion in LAC, contrary to what has been observed elsewhere in the world. Case studies by national policy experts suggest that barriers to entry in the financial sector, along with a constraining regulatory environment, may have hindered a faster adoption of fintech. However, fintech development seems to have accelerated in the wake of the COVID-19 pandemic and with the support of recent policy initiatives.
Author: Liliana Rojas-Suárez
Publisher:
Published: 1997
Total Pages: 34
ISBN-13:
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