China's High Saving Puzzle

11 Pages Posted: 23 Feb 2013

See all articles by Guonan Ma

Guonan Ma

Bruegel

Dennis Tao Yang

Chinese University of Hong Kong - Department of Economics

Abstract

This paper analyzes the causes of rising savings rates for the corporate, government, and household sectors, which have jointly contributed to the upsurge in aggregate savings in China in the past two decades. Government policies to rebalance the Chinese economy are also explored.

Keywords: aggregate savings, current account, income distribution, WTO accession, trade policies, China

JEL Classification: E21, O16, F32

Suggested Citation

Ma, Guonan and Yang, Dennis Tao, China's High Saving Puzzle. IZA Discussion Paper No. 7223, Available at SSRN: https://ssrn.com/abstract=2223150 or http://dx.doi.org/10.2139/ssrn.2223150

Guonan Ma (Contact Author)

Bruegel ( email )

Rue de la Charité 33
B-1210 Brussels Belgium, 1210
Belgium

Dennis Tao Yang

Chinese University of Hong Kong - Department of Economics ( email )

Shatin N.T.
Hong Kong
Hong Kong

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