Economic policies that can foster growth are essential for the protection of savings. The value of financial assets derives from that of real assets: a company’s share and bond prices rise or fall according to its state of health.
An economy that does not grow cannot generate the resources necessary to recompense the capital invested in companies, to bear the burden of public debt or to enable households to repay their debts. Weak economic growth has even more serious effects on financial wealth if there is also a surfeit of debt in some sectors.