Beschreibung:
Why should people - and economies - save? This book on the savings problem in Latin America and the Caribbean suggests that, while saving to survive the bad times is important, saving to thrive in the good times is what really counts. People must save to invest in health and education, live productive and fulfilling lives, and make the most of their retirement years. Firms must save to grow their enterprises, employ more workers in better jobs, and produce quality goods. Governments must save to build the infrastructure required by a productive economy, provide quality services to their citizens, and assure their senior citizens a dignified, worry-free retirement. In short, countries must save not for the proverbial rainy day, but for a sunny day - a time when everyone can bask in the benefits of growth, prosperity, and well-being. This book is open access under a CC BY-NC-ND 3.0 IGO license
1. Saving for a Sunny Day -- 2 The State of Saving in Latin America and the Caribbean -- 3 Financial Systems to Make Savings Count -- 4 More and Better Saving for Productive Investment 5 Saving for Stability.-6 Running Out of Time: The Demographics of Saving -- 7 Saving for the Future: Pension Systems.-8 A Better Way for Government to Save -- 9 Saving Begins at Home -- 10 Firm Productivity as an Engine of Saving -- 11 Breaking the Vicious Circle: Financial Policies for High-Quality Saving