We examine the relationship between investment and saving for a cross section of European countries before and during … the euro crisis. Investment is positively and significantly related to saving, and this relationship is stronger during …

In this paper, we examine theoretically how corporate saving in emerging markets is contributing to global rebalancing …

need for borrowers to pay interest (or dividends) and eventually to be able to repay. Thus savings must lead to investment …, or unwise (“unfruitful”) investment, such as excessive housing construction, the result will be a crisis. In this way the … to fruitful investment in other countries, both in the United States and in developing countries. Hence a crisis was …