DIA 2016: Chapter 2: The State Of Saving In Latin America And The Caribbean (Tables and Figures)
Date issued
Jun 2016
English
(380 downloads)
Savings in an economy matter for development. At the macro level, savings determine how much a country can invest, and they have implications for growth and economic stability. At the individual level, savings give people a cushion to withstand unexpected income shocks, smooth consumption, and plan for the future.