OECD Economic Outlook, Volume 2007 Issue 2
Twice a year, the OECD Economic Outlook analyses the major trends and examines the economic policies required to foster high and sustainable growth in member countries. Developments in major non-OECD economies are also evaluated. This issue covers the outlook to end-2009. Together with a wide range of cross-country statistics, the Outlook provides a unique tool to keep abreast of world economic developments. In addition to the themes featured regularly, this issue contains a special chapter entitled Corporate saving and investment: Recent trends and prospects.
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Corporate Saving and Investment
Recent Trends and Prospects
For the aggregate OECD corporate sector, the excess of gross saving over fixed investment (i.e. net lending) has been unusually large since 2002, even allowing for the recent fall (Figure 3.1). Indeed, while attention has increasingly focussed on the emergence of global financial imbalances and a possible global “saving glut”,1 aggregate OECD corporate net lending rose slightly more over 2001-05 than the aggregate external surplus of the...
Also available in: French
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