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.

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Year of publication:	2013-02
Authors:	Ma, Guonan ; Yang, Dennis T.
Institutions:	Institute for the Study of Labor (IZA)
Subject:	income distribution \| current account \| aggregate savings \| WTO accession \| trade policies \| China

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Extent:	application/pdf
Series:	IZA Discussion Papers.
Type of publication:	Book / Working Paper
Notes:	forthcoming in: Oxford Companion to the Economics of China Number 7223 11 pages
Classification:	E21 - Consumption; Saving ; O16 - Financial Markets; Saving and Capital Investment ; F32 - Current Account Adjustment; Short-Term Capital Movements
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010791521