During the 1960's real interest rates were often higher when the national savings surplus was large.

在1960年代，当国民储蓄盈余很大时，实际利率往往更高。

youdao

In my personal view, Japan has the necessary savings surplus and financial wherewithal to afford both.

在我个人看来，日本拥有足够的储蓄盈余和财政资金为两者支付。

youdao

For China, the savings surplus is a result of structural distortions in the financial, corporate and resource sectors.

就中国而言，储蓄过高是金融、企业和资源部门结构性扭曲的结果。

youdao

You have confused the total level of Japan's savings with the surplus of such savings over domestic investment.

ECONOMIST: Entertaining economics?

Thus, even if a rise in the return on investment reduces the level of domestic savings it will not lead to a reduction in the surplus of such savings over investment.

ECONOMIST: Entertaining economics?

This does not, however, reduce the structural surplus of savings over domestic investment, since private investment is also above its equilibrium level to a similar degree.

ECONOMIST: Entertaining economics?