Download This PaperChina's High Saving Puzzle
11 Pages Posted: 23 Feb 2013
Abstract
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.
Keywords: aggregate savings, current account, income distribution, WTO accession, trade policies, China
JEL Classification: E21, O16, F32
Suggested Citation: Suggested Citation
Ma, Guonan and Yang, Dennis Tao, China's High Saving Puzzle. IZA Discussion Paper No. 7223, Available at SSRN: https://ssrn.com/abstract=2223150 or http://dx.doi.org/10.2139/ssrn.2223150
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