While there are a whole host of measurement qualifications, the current data show that the saving ratio has increased from a  2  See Lowe (2010), “The Development of Asia: Risk and Returns for Australia”, Speech to NatStats 2010 Conference, Sydney, 16 September and, Lowe (2009) “The Growth of Asia and Some Implications for Australia”, Speech to Citi Australia Inaugural Australian Investment Conference, Sydney, 19 October.
6  BIS central bankers’ speeches  little below zero in the first half of the 2000s to around 10 per cent in 2010. This increase has reversed the steady decline that took place over the previous two decades.