This books explores the international aspects of pension reform, private savings and volatile capital markets and …, analysing the implications of financial reform for stimulating savings, and exploring both the benefits and risks of global … capital flows to emerging markets, Pensions, Savings and Capital Flows will inform policy and academic debates on financial …

reduce their investment. This is the "Loanable Funds" theory. Ben Bernanke's "Global Saving Glut" thesis is based on this …There is a consensus among the majority of economists that the credit supply is limited by current household saving. If … governments or foreigners ran deficits, they would absorb this limited saving so that firms could not borrow any longer and had to …