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Frugality and overspending:sources of Sino-U.S.economic imbalances

Frugality and overspending:sources of Sino-U.S.economic imbalances
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摘要 Savings rates are the biggest difference in the economic structures of China and the United States,the two most important countries in today’s global economy.China has the highest savings rate of any major country,while the United States,at the other end of the spectrum, has the lowest.This paper discusses the origin of this contrast and its far-reaching implications for two-way economic and trade ties. Savings rates are the biggest difference in the economic structures of China and the United States,the two most important countries in today’s global economy.China has the highest savings rate of any major country,while the United States,at the other end of the spectrum, has the lowest.This paper discusses the origin of this contrast and its far-reaching implications for two-way economic and trade ties.
作者 闫坤 鄢晓发
出处 《China Economist》 2009年第3期67-77,共11页 中国经济学人(英文版)
关键词 SAVINGS rate Sino-U.S.economic TIES Impact Savings rate Sino-U.S.economic ties Impact
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