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A Violent WorldSavings, the Ultimate Rare Resource

A Violent World: Savings, the Ultimate Rare Resource [We have now reached the heart of this book. Having discussed, successively, the serious breakdown of technical progress, the upsets due to ageing, the loss of economic substance in the countries of the OECD, and uncontrolled finance, these themes converge into what creates the balance of the world, the savings accrued by people on every continent and the investments that are the translation of their dreams. Are these savings enough to enable their ambitions to be achieved? We think not, at least not in the way that the balance between investment and savings has materialized in recent decades. Naturally, a new balance will emerge, the expression of the way in which these new constraints will be satisfied. The world will have changed, as will its economic trajectory.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

A Violent WorldSavings, the Ultimate Rare Resource

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References (4)

Publisher
Palgrave Macmillan UK
Copyright
© The Editor(s) (if applicable) and The Author(s) 2016
ISBN
978-1-349-88782-8
Pages
125 –142
DOI
10.1007/978-1-137-58993-4_7
Publisher site
See Chapter on Publisher Site

Abstract

[We have now reached the heart of this book. Having discussed, successively, the serious breakdown of technical progress, the upsets due to ageing, the loss of economic substance in the countries of the OECD, and uncontrolled finance, these themes converge into what creates the balance of the world, the savings accrued by people on every continent and the investments that are the translation of their dreams. Are these savings enough to enable their ambitions to be achieved? We think not, at least not in the way that the balance between investment and savings has materialized in recent decades. Naturally, a new balance will emerge, the expression of the way in which these new constraints will be satisfied. The world will have changed, as will its economic trajectory.]

Published: Jun 11, 2016

Keywords: Interest Rate; Saving Rate; Advanced Economy; Investment Rate; Current Account Balance

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