Or, maybe higher savings wouldn't really increase growth.
China is rising as a power, thanks to hard work and high savings.
Thus, much of the transition on the private side to higher saving has already taken place.
Both declined to estimate how high savings could go.
They also tended to marry younger, a factor that leads to higher savings.
But the higher savings often require greater restrictions on patients' choices.
Third, home equity loans and other tax provisions make it easier for families to meet their financial goals without high saving.
Why do most of our trading partners-competitors have such high savings rates, two to three times ours?
I believe Germany has low home ownership and high savings.
However, even if these changes produce some short-term higher savings, property taxes can be expected to increase within a few years.