The nation s net household saving rate is the difference between the saving of the savers and the dissaving of the dissavers.

Its intended function is saving the crew time and effort.

Since 1955, Singapore has taken a direct approach a compulsory national saving plan, which generates very high saving rates.

CAMBRIDGE Japan is heading toward a savings crisis.

Automatic enrollment creates a saving plan that is sensible for the typical person.

In fact, the household savings rate continues to rise.

But the government is loath to consider a mandatory saving plan.

Some of it will be saved. American household saving has shot up from 0 to 5 since the start of the recession, understandably to pay off debt.

It took us 50 years to reach annual savings ratings of almost 10 percent. 50 years.

In today s economy, that is equivalent to annual savings of 750 billion.

Until recently, banks could offer only simple savings accounts.

A variety of forces have contributed to a continuing decline in Japan s household saving rate.

But as Louis Kuijs of the World Bank has pointed out, what sets China apart from many other developing countries is not that households save uniquely high levels of their income, but that enterprises do.

In any year, some households are savers and others, especially retirees, are dissavers that use past saving to finance current consumption. The nation s net household saving rate is the difference between the saving of the savers and the dissaving of the dissavers.

Another implication of this view is that the steep rise in savings in China is largely driven by a rise in the savings rate of middle aged Chinese (rather than a fall in the borrowing rate of the young).

The aggregate saving rate of the household sector reflects the difference between the saving of the savers and the dissaving of the dissavers.

The problem of current account imbalances is closely linked to the existence of a world savings glut.

I was an editor. I tried to collect some money to be able to reach university and complete my studies as a journalist.

Since 1955, Singapore has taken a direct approach a compulsory national saving plan, which generates very high saving rates.

Some are talking about letting people own their social security contributions, in the form of personal retirement accounts, their health care through health savings accounts, and their education through educational savings accounts and school vouchers.

No leading country in world history has persistently maintained a negative saving rate.

Savers, on the other hand, may be compelled to save more in the face of shrinking interest income.

CAMBRIDGE The household saving rate in the United States has tripled in the past three years.

That figure matches closely the fall in household saving and the resulting increase in consumer spending.

CAMBRIDGE The saving rate of American households has risen sharply since the beginning of the year, reaching 6.9 of after tax personal income in May, the highest rate since 1992. In today s economy, that is equivalent to annual savings of 750 billion.

The increase in the household saving rate reduces America s need for foreign funds to finance its business investment and residential construction.

Some of it will be saved. American household saving has shot up from 0 to 5 since the start of the recession, understandably to pay off debt.

The United States has no compulsory saving plan, and it has an abysmally low in fact, negative personal saving rate. But the government is loath to consider a mandatory saving plan.

Households will gradually save enough to restore their wealth, and household consumption will gradually recover as well.

Of course, some worried about the collapse of the household savings rate, but few were overly concerned.

American consumers are shopped out, saving less, debt burdened (136 of income, on average), and buffeted by many negative shocks.

This leaves little room for fiscal stimulus, while the tax cut is more likely to be saved than invested.

While the US banking sector is similarly concentrated, it has far more financial institutions roughly 18,000 commercial banks, savings and locals associations, mutual savings banks, and credit unions, compared to only around 400 commercial banks and 3,000 rural credit unions and township banks in China.

America s household savings rate was at levels not seen since the Great Depression, either negative or zero.

A declining proportion of paid benefits are covered by workers contributions, and few countries are saving enough to bridge the deficits.

If people are saving half their income, their investments in capital have the potential to propel the economy at a rapid pace.

One such project was a rural finance project whereby villages created local savings banks to make loans for local development schemes.

With China saving nearly 50 of its GNP, all that money had to go somewhere.

The United States has no compulsory saving plan, and it has an abysmally low in fact, negative personal saving rate.

Income growth and a lower household savings rate are essential to the shift in China s growth model, and each presupposes key reforms.

Household disposable income is about 60 of national income in China, and the household savings rate is close to 30 of disposable income.

This apparent paradox is explained by a combination of high corporate saving and low levels of residential and non residential fixed investment.

Household saving had risen from less than 2 of after tax incomes in 2007 to 6.3 in the spring of 2010.

Indeed, household saving rose from 2 of after tax incomes in 2007 to about 6 in recent months.

The recent rise in the US household saving rate reversed a long term decline that began 25 years ago.