In which countries is investment closely linked to savings?

If a country's investment and savings are closely linked, this means that capital mobility between the country and the rest of the world is low. Consequently, in such a country, if the savings rate is low, the investment rate is low; if the savings rate is high, part of the investment is inefficient, because the savings would be better used to invest in the rest of the world. Conversely, if a country's investment and savings are not closely linked, capital mobility between the country and the rest of the world is high, and savings are used efficiently. We see: High capital mobility in 10 of the 19 countries studied (weak link between the investment rate and the savings rate), 7 of which are OECD countries; Low capital mobility in 9 of the 19 countries studied (strong link between the investment rate and the savings rate), 6 of which are emerging countries.