and tap domestic sources of growth. The authors examine the actual policy implications of this for the US, China and the …

find that China's growth is positively affected by saving but has a limited effect on saving, that inequality mainly has a … explaining high saving. Therefore, inequality must be mitigated to lower the high saving rate in China, and growth will be …China's fast growth is perceived as a major determinant of its savings glut that contributes to global imbalances, but …

Opinion over the global implications of China's rise is divided between critics and proponents. Critics see it as … improvements in the terms of trade and reductions to the cost of financing that stem from China's supply of light manufactures, its … demand for Western capital and luxury goods and its high saving. The criticism implies Keynesian assumptions while proponents …

This paper, through simulating an open economy model of China, investigates whether the current rate of saving in China …; in fact, it is negative. Thus, to justify China's current rate of saving, the social planner would have to put a higher …. This suggests that the current rate of saving in China is excessive. …