These are structural issues, and they will hardly go away in the future – it is conceivable that emerging market economies will keep exhibiting high savings rates, and thus large and efficient financial markets will be  1  Robinson, J. “The Generalization of the General Theory.” The rate of interest and other essays. London: Macmillan, 1952, 67–142.
However, firms maintain their stance on reducing personnel expenses given persistently strong excessiveness in employment. Therefore, employment and income conditions of households continue to worsen, with the ongoing decrease in the number of employees and the growing trend in the rate of decline in wages.