Các lý thuyết phát triển truyền thống nhấn mạnh tầm quan trọng của tiết kiệm trong việc xác định mức tăng trưởng kinh tế cao ở các nước đang phát triển. Tỷ lệ tiết kiệm nội địa và đầu tư cao là một trong những đặc trưng cơ bản của sự thần kỳ kinh tế Đông Á. nội dung bài báo. | have attained a miraculous economic development. They are all in the process of regional integration with greater overall openness of economies and an ongoing liberalization of their finance, trade and investment regime. However, from the 1997 financial crisis and its consequences on the economy of ASEAN countries, one of the lessons ever withdrawn is that these countries passively are dependent too much on foreign capitals. Therefore, realizing the determinants of domestic savings in these countries is necessary to mobilize and use well their available resource for high and sustainable economic growth. Basing on the integrated theory of savings and previous empirical works, this study also finds that income growth, demographics, financial liberalization and financial development are the main factors explaining the domestic savings in Southeast Asian countries. The regression result gave out its positive impacts of income growth on domestic savings in Viet Nam and Indonesia; the positive effects of financial development on domestic savings in Viet Nam and Malaysia. In addition, the negative impacts of age dependency ratio and real interest rate on domestic savings are revealed in all five countries.
