Determinants of Saving in Transition Economies (1986-2006)

<p>In recent years it has become a common idea that a high level of saving and investment is a key element of sustained economic growth. For this reason, in this paper we analyze the determinants of saving in the transition economies in Eastern Europe with particular interest on the following:...

Full description

Saved in:
Bibliographic Details
Main Authors: Codruța OSOIAN, Ioan LAZĂR, Corina GAVREA, Monica ZAHARIE
Format: Article
Language:English
Published: Babes-Bolyai University, Cluj-Napoca 2008-06-01
Series:Transylvanian Review of Administrative Sciences
Subjects:
Online Access:https://rtsa.ro/tras/index.php/tras/article/view/88
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:<p>In recent years it has become a common idea that a high level of saving and investment is a key element of sustained economic growth. For this reason, in this paper we analyze the determinants of saving in the transition economies in Eastern Europe with particular interest on the following: income, inflation, borrowing constraint, dependency ratio and financial liberalization and provide empirical evidence that can be used to identify the areas that need improvement for a sustained economic growth.</p>
ISSN:1842-2845