Title: Deficits, debt, and savings structure of OECD countries, with trends from 1965 to 1981 /
Authors: Hakim, Leonardo.; Wallich, Christine, 1952-
Publisher: World Bank,
Year: 1985
Subjects: Organisation for Economic Co-operation and Development; Finance, Public
Abstract: Much has been made of the possible impact of OECD macroeconomic policy on finicial flows available to developing countries. Specifically, the low domestic savings rates in many countries, together with governments' own demands for funds in credit markets, may have raised the overall cost of funds, "crowding-out" developing countries.