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The impact of contractual savings on resource mobilization and allocation : the experience of Malaysia (anglais)

The impact of contractual savings on resource mobilization and the pattern of allocation of the funds thus mobilized were examined in order to assess the effect on economic development. Contractual savings have reduced the erratic element in aggregate saving and exerted a positive impact on private savings. The presence of contractual savings institutions has not affected the propensity to save in noncontractual forms. The rate of return on government...
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