Linked e-resources
Details
Table of Contents
List of Tables; List of Figures; List of Boxes; Preface; Acknowledgments; Contributors; 1 Saving for a Sunny Day; Savings: The Sum of its Parts; Why Care about National Saving?; Sharing the Blame for Low Saving; How to Promote Saving for Development; Tackle the pension problem; Focus on infrastructure and capital spending; Target tax policy better; Promote household saving and create a savings culture; Improve productivity growth; Fix the financial system; The Many Faces of Saving; A Policy Agenda for the Future; Notes; 2 The State of Saving in Latin America and the Caribbean.
National Saving Rates: Comparatively LowThe Private Sector: Taking the Lead; Foreign Savings: A Secondary Actor; Businesses: The Biggest Savers-Worldwide; Farewell to the Demographic Dividend; Too Old to Save?; Higher Income, Greater Saving; Lower-Income Savers: Little to Show for their Efforts; The Bottom Line; Notes; 3 Financial Systems to Make Savings Count; In Financial Systems, Small Is Not Beautiful; Formal vs. Informal Saving: Quality Counts; Accounting for the Unbanked; The Link between Financial Access and Savings: The Case of Mexico; The Missing Link; Notes.
4 More and Better Saving for Productive InvestmentInvestment and National Saving: Low, Lower, Lowest; Financing Investment: No Place Like Home; For Policy, Which Comes First: Saving or Investment?; Investment in Infrastructure: First among Equals?; A Catalyst for Productivity and Growth; Public or Private Investment: Both Is Best; The Other Half; Understanding the Infrastructure Financing Market; Debt Stands Out; Infrastructure as an Asset Class; Institutional Investors: An Untapped Source of Financing; Building a Better Investment Strategy; Notes; 5 Saving for Stability.
Foreign Financing: A Different AnimalRisky Business: Absorbing Foreign Saving; Not All Foreign Saving Is Created Equal; Different Risks for Different Financial Flows; Financial Integration Is No Cure; Safety First; Notes; 6 Running Out of Time: The Demographics of Saving; More Elderly with More Needs; Facing the Challenge: More and Better Savings; Fulfilling Promises; Saving for the Future; More-and Better-Savings to Enhance Growth; How Is the Region Preparing for the Future?; Pension Systems: Not an Option Today; Plan B: Household Savings in Other Assets.
The Last Resort: Taking Care of GrandmaAct Today, for a Better Tomorrow; Notes; 7 Saving for the Future: Pension Systems; Newer Systems for Older Populations; PAYG/Defined-Benefit Systems: Promises, Promises; Sustainability; Adequacy and Redistribution; Institutional Arrangements; Recommendations; Defined Contribution Systems: A Work in Progress; Transition Costs; Investments, Returns, and Costs; Retirement Products and Insurance Arrangements; Financial Literacy, Legitimacy, and Confidence; Appropriate Regulation and Supervision; Recommendations; When All Else Fails: Noncontributory Pensions.
Recommendations.
National Saving Rates: Comparatively LowThe Private Sector: Taking the Lead; Foreign Savings: A Secondary Actor; Businesses: The Biggest Savers-Worldwide; Farewell to the Demographic Dividend; Too Old to Save?; Higher Income, Greater Saving; Lower-Income Savers: Little to Show for their Efforts; The Bottom Line; Notes; 3 Financial Systems to Make Savings Count; In Financial Systems, Small Is Not Beautiful; Formal vs. Informal Saving: Quality Counts; Accounting for the Unbanked; The Link between Financial Access and Savings: The Case of Mexico; The Missing Link; Notes.
4 More and Better Saving for Productive InvestmentInvestment and National Saving: Low, Lower, Lowest; Financing Investment: No Place Like Home; For Policy, Which Comes First: Saving or Investment?; Investment in Infrastructure: First among Equals?; A Catalyst for Productivity and Growth; Public or Private Investment: Both Is Best; The Other Half; Understanding the Infrastructure Financing Market; Debt Stands Out; Infrastructure as an Asset Class; Institutional Investors: An Untapped Source of Financing; Building a Better Investment Strategy; Notes; 5 Saving for Stability.
Foreign Financing: A Different AnimalRisky Business: Absorbing Foreign Saving; Not All Foreign Saving Is Created Equal; Different Risks for Different Financial Flows; Financial Integration Is No Cure; Safety First; Notes; 6 Running Out of Time: The Demographics of Saving; More Elderly with More Needs; Facing the Challenge: More and Better Savings; Fulfilling Promises; Saving for the Future; More-and Better-Savings to Enhance Growth; How Is the Region Preparing for the Future?; Pension Systems: Not an Option Today; Plan B: Household Savings in Other Assets.
The Last Resort: Taking Care of GrandmaAct Today, for a Better Tomorrow; Notes; 7 Saving for the Future: Pension Systems; Newer Systems for Older Populations; PAYG/Defined-Benefit Systems: Promises, Promises; Sustainability; Adequacy and Redistribution; Institutional Arrangements; Recommendations; Defined Contribution Systems: A Work in Progress; Transition Costs; Investments, Returns, and Costs; Retirement Products and Insurance Arrangements; Financial Literacy, Legitimacy, and Confidence; Appropriate Regulation and Supervision; Recommendations; When All Else Fails: Noncontributory Pensions.
Recommendations.