Saving
in sentence
1808 examples of Saving in a sentence
The ozone layer is healing and, according to the latest estimates, it could recover by 2065,
saving
trillions of dollars in global health-care and agriculture costs.
When men like Trump and his fellow Republicans care more about preventing abortions than about
saving
women’s lives, women everywhere suffer.
The danger of the current crisis is not that China’s government is not doing something, but that what it is doing undermines recent hope that China could help to save itself by
saving
the environment.
Based on a survey of more than 150,000 representative individuals, the report provides a birds-eye view of patterns and regularities in data pertaining to finance and financial inclusion – such as
saving
behavior, use of mobile money, and preferred modes of sending and receiving remittances – in 140 economies.
Most water is used to grow food, so, if a nation’s economy is healthy, there is scope for
saving
water by importing a greater share of food, although every nation will want to maintain some assured food supply for security reasons.
The rise in income and wealth inequality exacerbates the global
saving
glut (which is the counterpart of the global investment slump).
And, given China’s economic structure, under-developed financial market, and weak welfare state, high levels of precautionary
saving
will persist for the foreseeable future.
This approach has not only been ineffective in China; it may prove to be counter-productive, with households, eager to preserve their purchasing power,
saving
more and hunting for higher rates of return.
When it comes to economic rebalancing, China will need to be patient, recognizing that the current generation is simply too fixated on
saving
to provide the kind of surge in consumption that is needed.
When that goal is
saving
lives, standing in place is unjustifiable.
A second view is that households are scared and
saving
too much – they need to be pushed into consuming by lowering the returns to savings.
It is hard to imagine, though, that with the US household savings rate at about 5%, and with households severely indebted, they are
saving
too much.
As a result, rather than falling, the household
saving
rate has increased, rising from 9.7% of disposable income in 2000 to 11.8% last year.
But the
saving
rate even in households in their thirties has risen along with concern about reforms.
The problem arises because America’s chronic
saving
shortfall has now moved into the danger zone, making it much more difficult to fund multi-year deficits today than was the case when cutting taxes in the past.
The net national
saving
rate – the broadest measure of domestic saving, which includes depreciation-adjusted
saving
of households, businesses, and the government sector – averaged 10.1% during those two years (1964 and 1981).
That is not the case today, with the net domestic
saving
rate a mere 1.8% of national income.
Even during the two tax cuts that followed – the second installment of Reagan’s fiscal program in 1986, and the initiatives of George W. Bush in 2001 – the net national
saving
rate averaged 4.2%, more than double the current level.
Saving-short economies simply cannot go on deficit-spending binges without borrowing surplus
saving
from abroad.
With fiscal deficits likely to push an already-low domestic
saving
rate even lower – possibly back into negative territory, as was the case from 2008-11 – there is a great risk of a sharply higher current-account deficit.
On the heels of the budget deficits of Reaganomics and the related plunge in national saving, the current account swung sharply into deficit, averaging -2.4% of GDP from 1983 to 1989.
Lacking in saving, outsize US budget deficits point to sharp deterioration on the balance-of-payment and trade fronts.
Indeed, Trump could well end up
saving
the euro.
Every student of economics knows that a country’s current-account deficit is the difference between its national investment (in business equipment, structures, and inventories) and its national
saving
(by households, businesses, and government).
The US has an enormous current-account deficit because the federal government’s dissaving (i.e., the fiscal deficit) drags down America’s overall national
saving.
In each of those countries, the level of national
saving
exceeds domestic investment, leaving output to be exported and funds to be loaned abroad.
The US must raise its national
saving
rate by shrinking its budget deficit, which currently stands at nearly 10% of GDP.
The G-20 ministers and central bankers are, of course, in no position to change the behavior of either the US or China, whose recently adopted five-year plan makes clear that it will reduce national
saving
by increasing consumer spending and raising government outlays for services like health care.
The same is likely to happen over the next few years as the US reduces its fiscal deficit and thereby shrinks its current-account deficit while China reduces its national
saving
and thereby shrinks its current-account surplus.
And if Japanese companies and households believe this fiction, they should rationally respond by
saving
to pay future taxes, thereby offsetting the stimulative effect of today’s fiscal deficits.
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