Understanding Japanese Savings: Does Population Aging Matter?

1st Edition

Robert Dekle

Routledge
Published June 23, 2014
Reference - 112 Pages
ISBN 9781138810662 - CAT# Y171033
Series: Routledge Studies in the Growth Economies of Asia

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Summary

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 Saving holds key lessons for Western nations undergoing similar demographic transformations as well as developing countries looking to establish public savings institutions.

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