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Archive » December 2024 » Savings as a resource for growth and development

Savings as a resource for growth and development

Giancarlo Giorgetti
December 2024 - n. 12
Keywords: Risparmio, politica economica, educazione finanziaria
Jel codes: E20, G10, H10, O10

We live in a historical phase full of uncertainties, characterized by a succession of crises of different kinds. But we also have numerous opportunities ahead of us, which can be seized if we are able to create, as in the past, the conditions for savings to act as a driving force for growth, development and inclusion. In the coming years, the European Union will have to close the competitiveness gap with other major world economies and face several strategic challenges, including the twin green and digital transitions, the strengthening of common defence and the development of new infrastructure: investments that cannot be satisfied only by public sources. Private savings will also need to be mobilised, and once again will take on the role of a fundamental resource for development.

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