How will China's saving-investment balance evolve? (Английский)

This paper investigates how China's saving, investment, and the saving-investment balance will evolve in the decades ahead. However, much of China's high economy-wide saving, and the difference between China and other countries, is due to unusually high enterprise and government saving. Moreover, cross-country empirical analysis shows economy-wide saving and investment in China is higher, even if we adjust for differences in economic structure. Combined...
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