Induced International Saving

H. Peter Gray

Chapter 7 in An Aggregate Theory of International Payments Adjustment, 1974, pp 131-149 from Palgrave Macmillan

Abstract: Abstract Induced international saving is to be distinguished from autonomous international saving. Induced saving is defined as the net flow of current credits that can be said to owe its existence to foreign investment made in the same or earlier periods. Autonomous international saving is the flow of saving that would be achieved in any given period in the absence of any capital transactions because C P exceeded CC*.

Keywords: Foreign Investment; Direct Investment; Competitive Ratio; Saving Rate; Trade Balance (search for similar items in EconPapers)
Date: 1974
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DOI: 10.1007/978-1-349-01768-3_7

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