Journal of
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Archive » September 2014 » The rise in savings, a consequence or a cause of Italian low growth?

The rise in savings, a consequence or a cause of Italian low growth?

Paolo Savona
September 2014
Jel codes: E21, E22

Recent official figures on savings and investments in Italy cannot clarify the relationship between growth and savings, while it is clear that a key role is played by the fall of real investments and of households consumption. Investments and savings have to be strongly promoted, aiming to increase R&D and to reduce the level of taxation

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