ISER Discussion Paper, Institute of Social and Economic Research, Osaka University 728
This paper provides numerical examinations on sustainability of genuine saving (GS) using theWorld Bank database. Unlikely to previous criteria of sustainability, we consider future sustainability by focusing on evolution of GS. In this case even if the historical average GS of a country is positive, there is a possibility that the GS become negative in the future, depending on time series path of the GS. We will show that some countries that were argued to be sustainable in previous studies are shown to be otherwise.