Saving rates display great variation across countries and over time. They are also closely related to growth performance. This 1999 volume provides an account of key variables, institutions and policies that determine saving. Drawing from a systematic exploration of the existing literature, the collection summarizes knowledge about cross-country saving trends, the relation between saving and growth, the impact of financial policies and institutions on saving, the effect of foreign resource inflows on saving, and the links between income distribution and aggregate saving. In addition, new research results are presented on the two latter areas. The work has a strong empirical motivation: to help address real-world issues on consumption and saving in both industrial and developing countries, in order to assist in the design of rational and effective macroeconomic policies.

Saving rates display great variation across countries and over time. They are also closely related to growth performance. This 1999 volume provides an account of key variables, institutions and policies that determine saving. Drawing from a systematic exploration of the existing literature, the collection summarizes knowledge about cross-country saving trends, the relation between saving and growth, the impact of financial policies and institutions on saving, the effect of foreign resource inflows on saving, and the links between income distribution and aggregate saving. In addition, new research results are presented on the two latter areas. The work has a strong empirical motivation: to help address real-world issues on consumption and saving in both industrial and developing countries, in order to assist in the design of rational and effective macroeconomic policies.

La ciencia indica que la única forma de contener el cambio climático es alcanzando la carbono neutralidad global antes del año 2050. Para ello, Chile desarrolló un plan concreto y ambicioso, cuyas etapas iniciales se están comenzando a cumplir. Este riguroso estudio de los economistas Felipe Givovich, Jorge Quiroz y Klaus Schmidt-Hebbel viene a complementar la estrategia del país, analizando en particular el rol que puede cumplir el gas natural en la transición energética hacia la carbono neutralidad de Chile. La principal conclusión del libro es que el uso más intensivo de gas en los sectores eléctrico, industrial y transporte permite cumplir un 73% de la reducción de emisiones de gases de efecto invernadero que Chile ha comprometido en el marco del Acuerdo de Paris para el año 2030. Esta sustitución no tiene asociada un costo fiscal."Las empresas de gas natural tienen la oportunidad única de estar a la vanguardia del desarrollo carbono neutral del país, y no tengo dudas que este libro de Felipe Givovich, Jorge Quiroz y Klaus Schmidt-Hebbel es un gran aporte para avanzar en esa dirección". Juan Carlos Jobet, biministro de Energía y Minería."El estudio realizado por Felipe Givovich, Jorge Quiroz y Klaus Schmidt-Hebbel, cuyos resultados se presentan en este libro, es particularmente oportuno. Los autores identifican y evalúan rutas concretas de acción sobre la base de un riguroso análisis económico, opinión técnica y revisión de casos".Carlos Cortés Simon, presidente ejecutivo.Gustavo Schettini, presidente del directorio.Asociación de Gas Natural.

Saving rates display great variation across countries and over time. They are also closely related to growth performance. This 1999 volume provides an account of key variables, institutions and policies that determine saving. Drawing from a systematic exploration of the existing literature, the collection summarizes knowledge about cross-country saving trends, the relation between saving and growth, the impact of financial policies and institutions on saving, the effect of foreign resource inflows on saving, and the links between income distribution and aggregate saving. In addition, new research results are presented on the two latter areas. The work has a strong empirical motivation: to help address real-world issues on consumption and saving in both industrial and developing countries, in order to assist in the design of rational and effective macroeconomic policies.

Saving rates display great variation across countries and over time. They are also closely related to growth performance. This 1999 volume provides an account of key variables, institutions and policies that determine saving. Drawing from a systematic exploration of the existing literature, the collection summarizes knowledge about cross-country saving trends, the relation between saving and growth, the impact of financial policies and institutions on saving, the effect of foreign resource inflows on saving, and the links between income distribution and aggregate saving. In addition, new research results are presented on the two latter areas. The work has a strong empirical motivation: to help address real-world issues on consumption and saving in both industrial and developing countries, in order to assist in the design of rational and effective macroeconomic policies.

La ciencia indica que la única forma de contener el cambio climático es alcanzando la carbono neutralidad global antes del año 2050. Para ello, Chile desarrolló un plan concreto y ambicioso, cuyas etapas iniciales se están comenzando a cumplir. Este riguroso estudio de los economistas Felipe Givovich, Jorge Quiroz y Klaus Schmidt-Hebbel viene a complementar la estrategia del país, analizando en particular el rol que puede cumplir el gas natural en la transición energética hacia la carbono neutralidad de Chile. La principal conclusión del libro es que el uso más intensivo de gas en los sectores eléctrico, industrial y transporte permite cumplir un 73% de la reducción de emisiones de gases de efecto invernadero que Chile ha comprometido en el marco del Acuerdo de Paris para el año 2030. Esta sustitución no tiene asociada un costo fiscal."Las empresas de gas natural tienen la oportunidad única de estar a la vanguardia del desarrollo carbono neutral del país, y no tengo dudas que este libro de Felipe Givovich, Jorge Quiroz y Klaus Schmidt-Hebbel es un gran aporte para avanzar en esa dirección". Juan Carlos Jobet, biministro de Energía y Minería."El estudio realizado por Felipe Givovich, Jorge Quiroz y Klaus Schmidt-Hebbel, cuyos resultados se presentan en este libro, es particularmente oportuno. Los autores identifican y evalúan rutas concretas de acción sobre la base de un riguroso análisis económico, opinión técnica y revisión de casos".Carlos Cortés Simon, presidente ejecutivo.Gustavo Schettini, presidente del directorio.Asociación de Gas Natural.