Some commentators argue that the recent build-up of non-financial corporations’ liquid assets in many countries is impeding business investment. However, the rise in cash balances dates back a couple of decades and does not appear to be closely related to changes in the level of investment.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services