Understanding Japanese Savings Does Population Aging Matter? |
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| Author:
| Dekle, Robert |
| Series title: | Routledge Studies in the Growth Economies of Asia Ser. |
| ISBN: | 978-1-134-79311-2 |
| Publication Date: | Nov 2004 |
| Publisher: | Routledge
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| Book Format: | Digital (delivered electronically) |
| List Price: | Contact Supplier contact
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Book Description:
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Japan's savings are among the highest in the world, and these high rates have played a valuable role throughout the post-war period. However, over the next several decades, Japan's population will be ageing rapidly. Will this lower Japanese savings rates? Using up-to-date financial and demographical data, author Robert Dekle finds that the answer to this question is an emphatic 'yes'. Understanding Japanese Savingholds key lessons for Western nations undergoing similar...
More DescriptionJapan's savings are among the highest in the world, and these high rates have played a valuable role throughout the post-war period. However, over the next several decades, Japan's population will be ageing rapidly. Will this lower Japanese savings rates?
Using up-to-date financial and demographical data, author Robert Dekle finds that the answer to this question is an emphatic 'yes'. Understanding Japanese Savingholds key lessons for Western nations undergoing similar demographic transformations as well as developing countries looking to establish public savings institutions.