When former US Treasury secretary Lawrence Summers delivered his famous address on the return of secular stagnation at the IMF in 2013, he revived interest in a Keynesian construct that had fallen into disuse since the 1940s. He argued that a chronic excess of savings, relative to capital investment, may be developing in the global economy, forcing long-term interest rates down and threatening a persistent shortage of demand.
2013年，當美國前財長勞倫斯?薩默斯(Lawrence Summers)在國際貨幣基金組織(IMF)就長期停滯的再次出現發表著名演講時，他重新燃起了人們對于上世紀40年代之后被丟棄的一種凱恩斯思想的興趣。他指出，相對于資本投資的儲蓄長期過剩可能正在全球經濟中形成，這將迫使長期利率下滑，并可能導致需求持續不足。
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