Earlier sections have documented a trend decline in the saving rate of the industrial countries in the 1980s and have identified a number of factors that might have contributed to this decline. A natural follow up would be to consider the question of whether the level of saving is too low in individual countries. This section draws on the economic literature to develop a framework for answering this question. As will become apparent, however, it is not possible to devise a simple criterion for assessing the adequacy of saving in general.
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