The final result depends on the level of children's upbringing costs, the utility that parents get from the investment in the human capital of children and the return rate of education investment.

少儿抚养人口比例对居民储蓄的净影响取决于少儿的抚养费用水平、父母从对儿童进行人力资本投资行为中得到的效用和教育的投资收益率。

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Any economic expansion that does not result from increased voluntary saving and investment cannot be sustained.

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Even bigger losses are thought to result because money is diverted from productive investment and paid to lawyers and accountants who hunt for ways to escape or minimize the tax.

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The investment consulting firm overseeing the pension was found to be subject to conflicts of interest as a result of earning millions in undisclosed fees from the investment managers it recommended to the pension.

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