It could have used a portion of the interest savings to recapitalize the banks.

SMEs and households with net savings stand to gain the most from interest rate liberalization.

Likewise, increasing the interest rates paid on bank deposits would enable savings to decline without loss of income.

The world may enter a new era in which investment demand exceeds desired savings which means that real interest rates must rise.

Moreover, China s aging population, and its strategy of boosting domestic consumption, will negatively affect global savings. The world may enter a new era in which investment demand exceeds desired savings which means that real interest rates must rise.

US Federal Reserve Board Chairman Ben Bernanke s notion of a global savings glut is a commonly cited explanation for falling world interest rates.

Given the terrible returns on savings since 2007, the prospect of continuing low interest rates might make her put even more money aside.

Bank interest rates on savings are lower than the inflation rate and many multiples lower than the rates promised by the informal sector.

Savings behavior invariably reacts to changes in interest rates, which have fallen steadily over the last two decades to today s record low levels.

US Federal Reserve Board Chairman Ben Bernanke s notion of a global savings glut is a commonly cited explanation for falling world interest rates.

Savings

Low savings countries cannot easily adjust without an equivalent adjustment in high savings countries, because their low savings rates may have been caused by high savings abroad.

The Yètè Mali Savings Network or savings and loan cooperative.

Another class of academic theories follows Bernanke (and, even earlier, Michael Dooley, David Folkerts Landau, and Peter Garber) in attributing low long term interest rates to the growing importance of emerging economies, but with the major emphasis on private savings rather than public savings.

SMEs and households with net savings stand to gain the most from interest rate liberalization. But financial repression s winners commercial banks and SOEs will face new challenges.

Falling interest rates in recent years pushed up real estate prices and allowed America s upper middle class to treat their houses as enormous ATM s, lowering savings still more.

In Brazil, low savings and various institutional impediments keep interest rates high and investment low, while the educational system does not serve significant parts of the population well.

Absent the willingness of large developing countries to run trade surpluses and high savings rates relative to investment, the asset bubble in the US leading to a rise in domestic consumption and a fall in the savings rate would have triggered inflation and higher interest rates.

As of at 31 December 2004, the secretariat has recorded a cumulative surplus from savings from operations of previous periods and interest income to the amount of US 3,197,370.

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

Japan s Savings Crisis

Demand savings accounts

Term savings accounts

Third, contributing factors included low interest rates, compressed risk spreads, and global imbalances that accommodated low savings in the US, consumption in excess of output, and a mounting trade deficit.

In India, financial repression is used as a means to marshal captive savings to help finance massive government debts at far lower interest rates than would prevail in a liberalized market.

The natural interest rate was low because, as the Fed s current chairman Ben Bernanke explained at the time, the world had a global savings glut (or, rather, a global investment deficiency).

Low Japanese rates led to a search for yield by Japanese investors who increasingly invested their savings in foreign currencies, where they received higher interest rates the famous FX carry trade.

The better than expected cash position resulted from additional voluntary contributions received, interest income earned, savings on prior period obligations as well as delays in the liquidation of current period obligations.

Apart from accounting for the global divergence in savings rates, tight credit constraints in China might explain the country s high, and rising, savings rate especially as the large rise in national savings is attributable mostly to household savings.

Balancing China s High Savings

Savings rates shot up.

These days the Chairman of President Bush s Council of Economic Advisers, Ben Bernanke, likes to talk about a global savings glut that has produced astonishingly low real interest rates around the world.

In the UK, no drop in precautionary savings can be counted upon (households are heavily indebted, so they need to save more, not less), and long term interest rates are already very low.

We have enormous energy savings.

(b) To achieve cost savings

Fadil's life savings were gone.

These are Sami's life savings.

Sami stole Layla's life savings.

Generally speaking, savings are increasing.

Savings on prior period obligations

For nearly a decade, capital from high savings countries like Germany flowed to low savings countries like Spain.

Important benefits of trade and transport facilitation measures relate to time savings, which often outweigh direct cost savings.

With higher interest rates depressing housing prices, the game is over. As America moves to, say, a 4 savings rate (still small by normal standards), aggregate demand will weaken, and with it, the economy.

(i) The Working Capital and Guarantee Fund has an established ceiling of 50 million approved by the Executive Committee and is maintained by income from interest on invested funds and savings from prior years' programmes.

Africa needed capital, but lacked savings.