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Complicated Quote by Evan Davis

“There is a strong link between the following three things: exporting, manufacturing and the degree of saving by the population. It's complicated, but if the population doesn't save, the economy will not tend to export as much, and if it doesn't export as much, it won't manufacture enough.” quote by Evan Davis
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“There is a strong link between the following three things: exporting, manufacturing and the degree of saving by the population. It's complicated, but if the population doesn't save, the economy will not tend to export as much, and if it doesn't export as much, it won't manufacture enough.”

Evan Davis

About This Quote

Exporting, manufacturing, and national saving are interlinked; low savings limit export capacity and thus manufacturing.

In simple terms: Saving, exporting, manufacturing are connected.

Key Takeaway

Boost national saving.

Themes

economics trade industrial policy

Mood

analytical concerned

Type

explanatory academic

When to use this quote

  • policy design
  • economic growth
  • trade negotiations

Key Concepts

macroeconomics development economics

Questions to Reflect On

  • How can policy encourage saving?
  • What role does consumer confidence play?
A Different Perspective

Cultural habits may affect saving rates.

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