SEÇİLMİŞ ASYA ÜLKELERİNDE HANEHALKI TASARRUFLARI VE FİNANSAL GELİŞME

Year 2018, Volume: 16 Issue: 2, 286 - 316, 30.06.2018

Rüya Eser Bahadır Sinan

https://doi.org/10.11611/yead.422007

Cited By: 2

Abstract

Ülkelerin
büyüme sürecinde önemli bir unsur olan tasarrufların, çok sayıdaki
belirleyicilerden biri finansal siteminin gelişmişlik düzeyidir. Tasarruflar
ve finansal gelişme açısından gelişmekte olan Asya ülkelerinin başarısı dikkat
çekicidir. Bu çalışmada, 2000-2016 döneminde
gelişmekte olan Çin, Güney Kore, Malezya ve Tayland’da finansal sistemin
gelişmesinin tasarruflar üzerindeki rolü çeşitli toplulaştırılmış göstergeler kapsamında
incelenmektedir. Hanehalkı tasarruflarının finansal
sistem aracılığıyla artırılması konusunda ele alınan Asya ülkelerinde geçmişte
önemli çalışmalar yapılmış ve başarılı sonuçlar alınmıştır. Ancak,
daha sonra söz konusu ülkelerin hanehalkı borçlarında ciddi artışlar meydana
gelmiş, buna karşın hanehalkı tasarruflarında önemli düzeyde azalışlar olmuştur.
Bu değişimin temel nedeni, bu ülkelerin ihracata dayalı büyüme politikalarını
değiştirerek, tüketime dayalı büyüme politikalarına yönelmeleridir. İncelenen Asya
ülkelerinin finansal gelişmişlik düzeyleri ise hala Avrupa ve Dünya
ortalamasının altında kalması nedeniyle, finansal gelişmişlik düzeyinin tek
başına tasarruflar üzerinde etkili olmadığı, makroekonomik veya kurumsal
faktörlere bağlı olduğu değerlendirilmektedir.

Keywords

Hanehalkı Tasarrufları, Finansal Gelişme, İktisadi Büyüme

FINANCIAL DEVELOPMENT AND HOUSEHOLD SAVING IN SELECTED ASIAN COUNTRIES

Abstract

Saving
is one of the important determinants of economic growth. Therefore determinants
of saving are indirectly important for a sustainable economic growth. Financial
sector has come into prominence as a possible determinant of saving in the
globalized financial markets. This study examines the role of the development
of the financial sector on savings  in
China, South Korea, Malaysia and Thailand, during the period of 2000-2016, by
using various aggregated indicators. Significant work
has been done in the past and successful results have been obtained in the
selected Asian countries, in terms of increasing household savings through the
financial system. However, later on, there were serious increases in the
household debts of the countries concerned, while there was a significant
decline in household savings. The main reason for this change is that these
countries change their exports-based growth policies and turn to
consumption-based growth policies.It is estimated that the financial
development level of Asian countries under review is still below the average of
Europe and the world, so that the level of financial development alone is not influential
on savings and depends on macroeconomic or institutional factors.

Keywords

Household Savings, Financial Developmen, Economic Growth

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