China's High Saving Puzzle
This paper analyzes the causes of rising savings rates for the corporate, government, and household sectors, which have jointly contributed to the upsurge in aggregate savings in China in the past two decades. Government policies to rebalance the Chinese economy are also explored.
|Date of creation:||Feb 2013|
|Publication status:||published in: Shenggen Fan, Ravi Kanbur, Shnag-Yin Wei and Xiaobo Zhang (eds): Oxford Companion to the Economics of China, 2014, 190-193|
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References listed on IDEAS
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- Yang, Dennis T., 2012. "Aggregate Savings and External Imbalances in China," IZA Discussion Papers 6964, Institute for the Study of Labor (IZA).