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|
|Date of revision:|
|Publication status:||forthcoming in: Oxford Companion to the Economics of China|
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- Dennis Tao Yang, 2012.
"Aggregate Savings and External Imbalances in China,"
Journal of Economic Perspectives,
American Economic Association, vol. 26(4), pages 125-46, Fall.
- Yang, Dennis T., 2012. "Aggregate Savings and External Imbalances in China," IZA Discussion Papers 6964, Institute for the Study of Labor (IZA).
- Guonan Ma & Wang Yi, 2010.
"China's high saving rate: myth and reality,"
BIS Working Papers
312, Bank for International Settlements.
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