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9780815721352 Add to Cart Academic Inspection Copy

Decline in Saving

A Threat to America's Prosperity?
  • ISBN-13: 9780815721352
  • Publisher: ROWMAN & LITTLEFIELD PUBLISHERS
    Imprint: BROOKINGS INSTITUTION
  • By Barry P. Bosworth
  • Price: AUD $52.99
  • Stock: 0 in stock
  • Availability: This book is temporarily out of stock, order will be despatched as soon as fresh stock is received.
  • Local release date: 02/02/2012
  • Format: Paperback (229.00mm X 152.00mm) 140 pages Weight: 0g
  • Categories: Finance [KFF]USA [1KBB]
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Long-time Brookings economist and former presidential adviser Barry Bosworth examines why saving rates in the United States have fallen so precipitously over the past quarter century, why the initial consequences were surprisingly benign, and how reduced saving will affect the future well-being of Americans. The Decline in Saving provides an extensive and unparalleled account of the complexity of present saving patterns, an issue made even more serious by the 2008-09 global economic and financial crises. It objectively examines saving at both the individual household and the aggregate economy levels to understand whether the U.S. decline in saving is truly a threat to American prosperity.
Barry P. Bosworth is a senior fellow in the Economic Studies and in the Global and Economic Development programs at the Brookings Institution, where he holds the Robert V. Roosa Chair. His previous Brookings books include Saving and Investment in a Global Economy; Productivity in the U.S. Services Sector, written with Jack Triplett; and The Economy of Puerto Rico, coedited with Miguel A. Soto-Class and Susan Collins.
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