current account surpluses tend to have sufficient fiscal space. The evidence suggests that excessive savings rather than … encourage consumption, either by raising the level of household disposable income or reducing the savings rate are likely to … demand for precautionary savings. Governments can raise investment spending directly through increased government investment …

current account surpluses tend to have sufficient fiscal space. The evidence suggests that excessive savings rather than … encourage consumption, either by raising the level of household disposable income or reducing the savings rate are likely to … demand for precautionary savings. Governments can raise investment spending directly through increased government investment …

current account surpluses tend to have sufficient fiscal space. The evidence suggests that excessive savings rather than … encourage consumption, either by raising the level of household disposable income or reducing the savings rate are likely to … demand for precautionary savings. Governments can raise investment spending directly through increased government investment …