Public Policies and Private Saving in Mexico

47 Pages Posted: 13 Mar 1999 Last revised: 6 May 2000

See all articles by Martin S. Feldstein

Martin S. Feldstein

National Bureau of Economic Research (NBER) (deceased); Harvard University (deceased)

Date Written: February 1999

Abstract

Increasing the rate of saving is an important priority for many emerging market countries. This paper focuses on Mexico and discusses a variety of policies through which the government of Mexico could stimulate a higher rate of saving. These ideas are building blocks rather than an overall plan. Some are mutually exclusive but most are options that could be combined to achieve a higher rate of saving. Although the emphasis is on policy options that can be helpful in raising saving, the paper also discusses proposals that would be likely to reduce the rate of saving. The primary focus of the paper is on tax reforms, but there is also a discussion of financial regulation, government debt management, and the new system of retirement saving accounts.

Suggested Citation

Feldstein, Martin S., Public Policies and Private Saving in Mexico (February 1999). NBER Working Paper No. w6930, Available at SSRN: https://ssrn.com/abstract=148610

Martin S. Feldstein (Contact Author)

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