SEÇİLMİŞ ASYA ÜLKELERİNDE HANEHALKI TASARRUFLARI VE FİNANSAL GELİŞME

Öz

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.

Anahtar Kelimeler

• Hanehalkı Tasarrufları,Finansal Gelişme,İktisadi Büyüme

FINANCIAL DEVELOPMENT AND HOUSEHOLD SAVING IN SELECTED ASIAN COUNTRIES

Öz

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.

Anahtar Kelimeler

• Household Savings,Financial Developmen,Economic Growth

Kaynakça

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