debate of whether the surge in savings and growth in Asia and other countries can be attributed to higher longevity of the … annuities and changes in longevity on aggregate savings. Sheshinski utilizes statistical population theory to shed light on the … grapple with insolvency of public social security systems place greater emphasis on individual savings accounts. …

In this paper I explore the quantitative implications for savings of population aging. In doing so, I pay particular … reduction in aggregate savings due to changes in the age structure of the population is small. ii) If, however, the demographic … contribution of general equilibrium effects is to exacerbate the reduction of savings since population aging tends to make labor …

transformation by generating high savings rates.In this report, the author argues that high savings rates help sustain high growth … high employment growth and ever more savings). Second, it allows these countries to accumulate foreign exchange reserves in … order to build a bulwark against the stresses caused by hyper-growth – implying that high growth countries export rather …