Personal and Corporate Saving in South Africa.

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 w...

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Main Authors: Aron, J, Muellbauer, J
格式: Working paper
语言:English
出版: CEPR 2000