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Personal and Corporate Saving in South Africa.

Abstract:

Low domestic saving rates in South Africa may perpetuate a low-growth trap. The decline in government saving, a major reason for the overall decline in saving, is now being reversed. However, personal saving rates have fallen since 1993, and corporate rates since 1995, and both may decline further with lower real interest rates. It is important to understand both personal and corporate saving behaviour in order to formulate policies to raise the domestic saving rate in line with the needs of ...

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Publisher:
CEPR
Series:
C.E.P.R.Discussion Papers
Publication date:
2000-01-01
Language:
English
UUID:
uuid:893c66eb-efe9-4d67-a0f8-22d7bd9b1fbd
Local pid:
oai:economics.ouls.ox.ac.uk:11672
Deposit date:
2011-08-16

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