1. Sinopsis de la obra en idioma inglés.
- Subjects
- *
PUBLIC finance , *SAVINGS , *MICROECONOMICS , *MACROECONOMICS , *PRICE inflation - Abstract
This paper analyses the main factors that have determined saving in Latin America, both at micro and macroeconomic levels. After assessing them, some policy measures that can be implemented in the Region are recommended to stimulate domestic saving and maintain it within the countries that generate it. Likewise, it includes a study of the evolution of saving, investment, consumption and external finance in Latin America, as well as an analysis of the relation between saving, macroeconomic stability, and inflation. Investment options in Latin America are analyzed in the analytical framework of the portfolio theory, and some comments are made on the possibility to improve some financial instruments used in the Region. Some suggestions are made on policy alternatives that can be implemented to increase domestic saving. [ABSTRACT FROM AUTHOR]
- Published
- 1991