While the aging of the population is a commonly voiced argument for raising national saving, some analysts maintain that the projected decline in labor force growth will increase the capital-labor ratio and reduce the return to capital while raising the productivity of labor.
There are many arguments as to why national saving is important.
mnli hypothesis: There are many arguments as to why national saving is important. premise: While the aging of the population is a commonly voiced argument for raising national saving, some analysts maintain that the projected decline in labor force growth will increase the capital-labor ratio and reduce the return to capital while raising the productivity of labor.