What are the former communist countries that are in the EU today?

What is the empirical relationship between growth rate and savings rate of countries?

• Theoretically, one can argue that when a country has a high growth rate, its citizens project their incomes to be significantly higher in the future than today, so they worry less about their future now, and therefore, save less than they would otherwise. Is there a chart or article that investigates this issue? In particular, is there a chart out there that scatter plots savings rate vs growth rate over a long period of time for the same country (i.e. a time series) or at the same time for a lot of different countries (i.e. cross-sectional data) or a mixture of these two (e.g. panel data for the EU)?

• Answer:

  Your discussion is pretty interesting - mostly because I've typically heard economists talk about causality running the other direction and with the opposite relationship: that a high savings rate produces a high growth rate because of investment. I guess I want to see that scatterplot also.