paper--a product of the Growth and Investment Team, Development Research Group--is part of a larger effort in the group to …

the game. As such, it is an important aspect of a sound investment climate. The Turkish Ministry of Justice has identified …

"This paper investigates how China's saving, investment, and saving-investment balance will evolve in the decades ahead …, cross-country empirical analysis shows that economywide saving and investment in China are higher than what would be …-saving and investment would both decline only mildly in the coming two decades, with ambiguous impact on the current account …

"The author analyzes sectoral patterns of investment and saving in China-over time and compared with other countries …-to shed light on the factors driving high investment and on how saving is channeled into investment. The findings inform … several policy debates. Key findings include: (1) investment by enterprises distinguishes China from other countries and …

. The study was funded by the Bank's Research Support Budget under the research project "Contractual Savings Institutions …