Saving and Investment in the Twenty-First Century : The Great Divergence
The economy of the 21st century in the OECD countries and in China, is characterized by a new phenomenon: the structural surplus of private savings in relation to private investment. This is true even in a situation of prosperity and very low interest rates. On the one hand, this excess saving is du...
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| Format: | eBook |
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Springer Nature
2021
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| Online Access: | Get fulltext |