The adoption of this proposal would make it possible to achieve substantial cost savings.

Also, substantial savings can be made by avoiding unnecessary costs such as overpayments to creditors or penalty interests due to poor bookkeeping.

The good news is that we already know many of the policies and technologies that can deliver substantial savings in energy consumption and CO2 emissions.

The objective of the Common Services Expansion Programme is to achieve 10 percent annual savings in administrative budgets in countries with a substantial United Nations presence.

Such an agreement could include trade in goods, services, financial instruments, and agriculture, and would necessitate greater compatibility of European and American regulations and legal norms, implying substantial savings.

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.

First, they can improve value for money (in that better value for money can be achieved through a competitive market price, and substantial cost savings can be realized through dynamic and real time trading).

The good news is that we already know many of the policies and technologies that can deliver substantial savings in energy consumption and CO2 emissions. But making and implementing the right decisions must begin now.

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

Japan s Savings Crisis

Demand savings accounts

Term savings accounts

Moreover, development issues accounted for a negligible share of the proposal, and no increase was planned either for the regular programme of technical cooperation or for the Development Account, which recent reports indicated had made substantial savings.

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.

That is substantial.

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.

That risk is substantial.

This is substantial work.

Africa needed capital, but lacked savings.

Why Are Savings Patterns So Different?

This story is fundamentally different from the savings shortage and savings glut hypotheses, and it leads to dramatically different policies.

The Asia Pacific region has the highest savings rate in the world, although intercountry variations in savings rates have been noticed.

For 2002, there were savings of 473,062 kWh for 2003, average energy savings were of the order of 27.6 per cent.

Savings are, of course, no bad thing.

Domestic savings, however, remain a major constraint.

Meanwhile, China s savings rate remains stubbornly high.

Talk abounds of a global savings glut.

Meanwhile, global difficulties remain substantial.

One problem the poor often have in accumulating savings is lack of easy access to savings accounts where they can deposit money.

Government savings have fallen, especially in the United States and Japan, and household savings have virtually disappeared in some countries with housing booms.

Our customers get to enjoy huge CO2 savings.

The potential energy savings is very, very significant.

And savings are particularly good for developing countries.