Macroeconomic Savings in Poland
Macroeconomic Savings in Poland
Author(s): Barbara LiberdaSubject(s): Family and social welfare, Economic development, Transformation Period (1990 - 2010), Present Times (2010 - today), Socio-Economic Research
Published by: Instytut Nauk Ekonomicznych Polskiej Akademii Nauk
Keywords: saving; households; corporate saving; investment; Poland;
Summary/Abstract: This paper examines trends and structural changes of macroeconomic savings in Poland in the period between 1996 and 2012, showing the rising share of nonfinancial corporate sector savings in domestic savings and the declining share of macro households savings. The author analyzes the determinants of nonfinancial corporate sector savings and households savings. A puzzle of diverging trends of macro and micro household saving rates have been explored. We investigate investment needs for domestic and foreign savings and conclude that the net international investment position of Poland requires raising the domestic saving rate.
Journal: Ekonomista
- Issue Year: 2015
- Issue No: 4
- Page Range: 437-451
- Page Count: 15
- Language: English
