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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Main Author: | von Weizsäcker, Carl Christian (auth) |
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Other Authors: | Krämer, Hagen M. (auth) |
Format: | Electronic Book Chapter |
Language: | English |
Published: |
Springer Nature
2021
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Subjects: | |
Online Access: | DOAB: download the publication DOAB: description of the publication |
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