1945

Saving investment and the international transfer of resources

image of Saving investment and the international transfer of resources

To JUDGE by commentary in the world press and in some international forums, there is widespread concern that the total level of saving in the world will not be large enough to meet global investment needs over the 1990s. Investment plans would have to be cut back to fit the savings being generatedbynational and international economic processes, and a slow rate of world economic growth would result. Concern is also expressed that the global allocation ofworld saving as it was inmuch ofthe 1980s will persist in the 1990s, with higher income areas continuing to receive a net inflow offoreign saving from lower income areas.

Related Subject(s): Economic and Social Development
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