Higgins, Matthew; Williamson, Jeffrey G. - 2021
Ansley Coale and Edgar Hoover were right about Asia. Rising fertility and declining infant mortality have had a … profound impact on Asian savings, investment and foreign capital dependency since Coale and Hoover wrote in 1958. We argue that …: Much of the impressive rise in Asian savings rates since the 1960s can be explained by the equally impressive decline in …