International Saving Trends
Measured real interest rates have in creased in developed countries over the last 30 years. Among the seven largest developed nations, the upsticks were steepest in France (210 basis points) and the U.S. (200 basis points). This trend may be attributed to a long-term decline in saving in most developed economies. Indeed both saving and investment moved distinctly lower during this period.
Suggested citation: “International Saving Trends,” Federal Reserve Bank of Cleveland, Economic Trends, no. 96-01, pp. 15, 01.01.1996.