An economy s current account is the difference between its investment rate and its savings rate.

Since 2007, the US current account deficit has narrowed, but not because of a higher savings rate.

Savings (overruns)

Savings Bond Inventory

Ben Bernanke, the US Federal Reserve chairman, once famously pinned the whole US current account deficit on a global savings glut.

Moreover, the region had relied excessively on foreign savings to support growth, with many countries running large long term current account deficits.

Balancing China s High Savings

Tom has no savings.

I have no savings.

Third, over saving countries like China and emerging Asia, Germany, and Japan should implement policies that reduce their savings and current account surpluses.

The current account surplus, which was supposed to decline sharply, has actually increased, as savings have remained higher and investment lower than expected.

Both the savings shortage and savings glut hypotheses confuse accounting outcomes with causes.

In 2007, the United States had a savings rate of 14.6 of GDP, but an investment rate of 19.6 , generating a current account deficit.

Reserves are like savings accounts.

We have enormous energy savings.

Both features increased global savings.

(b) To achieve cost savings

America's appallingly low savings rate.

a reversal of the country s now rising income inequality lowering the very high savings level relative to investment and thus reducing the current account surplus

5. Also requests the Secretary General to make every effort to achieve savings in operational costs, taking into account the recommendations of the Advisory Committee

This supply chain is characterized by the dominance of the state owned banks, high domestic savings, relatively under developed financial markets, and a closed capital account.

Inflation no longer threatens anyone's savings.

Africa needed capital, but lacked savings.

He gambled away his life savings.

Many people have lost their savings.

My savings will soon run out.

My savings will run out soon.

Of course, China s savings rate will also decline, but Japan s experience since the 1980 s demonstrates how a sharp fall in investment can generate large and persistent current account surpluses, even when the savings rate is falling and the currency is appreciating.

Development Account

Account Wizard

Account authentication

Ukrainian account

Tax cuts were supposed to stimulate savings, but household savings in the US have plummeted to zero.

Indeed, it is misleading to term this situation a savings glut, for that would imply that countries running current account surpluses should reduce domestic incentives to save.

Moreover, because dependence on foreign finance creates clear vulnerabilities, developing countries will seek to fund investment mainly from domestic savings, thereby limiting the size of their current account deficits. And, because there is no strategic reason to run large surpluses, with an excess of savings over investment, maintaining reasonable balance on the current account appears to be the preferred course.

Savings are, of course, no bad thing.

Economics explains all jobs, prices, savings, houses.

Meanwhile, China s savings rate remains stubbornly high.

Talk abounds of a global savings glut.

And then it's a high savings rate.

US advice was cut the savings rate.

Millions of persons lost all their savings.

Millions of people lost all their savings.

Daylight Savings Time starts on April third.

Tom bought a car using his savings.