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Publications (79)
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– The case of Ghana
One essential condition of economic progress in any society is an ample supply of savings, which depends on the growth of real capital.Economists agree that higher investment rates will lead to higher growth. Thus, domestic savings is considered an important determinant of growth in developing...
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– Unity in diversity
This paper examines the national savings behaviour in the process of economic growth through a comparative analysis of countries in developing Asia from a historical perspective. Developing Asia provides an ideal laboratory for the study with considerable differences in the savings behaviour among...
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– Empirical evidence
This paper examines trends and determinants of gross domestic savings in Tanzania using data for the period 1990–2020. The autoregressive distributed lag approach is employed to empirically analyse the short-run and long-run relationships. There has been a fairly stable increase in the domestic...
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– Do sovereign wealth funds serve development?
Do sovereign wealth funds (SWFs) contribute to Africa’s development? This paper assesses the objectives of SWFs (fiscal stabilization, productive investment, intergenerational saving) and discusses alternatives. We argue that fiscal stabilization funds are often necessary, but entail considerable...
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The savings–growth nexus is widely acknowledged, both in policy and in the literature. But Kenya’s numerous policy initiatives to encourage savings mobilization are yet to yield the expected outcomes. This paper identifies the key drivers of domestic saving in Kenya, exploiting fintech as an...
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Capital markets facilitate capital growth by mobilizing savings and converting them into investments, and they are therefore a stimulant of economic growth. There is evidence that countries with high savings rates tend to grow faster. Although most sub-Saharan Africa countries recognize the...
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This paper traces the development of fintech in sub-Saharan Africa, its evolution over time, and the unfolding benefits attained at each stage of its adoption and market evolution. From the onset, fintechs have revolutionized retail electronic payment systems—a revolution that has evolved into a...
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The population structure the world over is going through a demographic shift, and the elderly proportion is projected to increase with population growth. This change is a matter of concern for sub-Saharan African (SSA) countries, where the majority of the people are young and the rates of both...
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This paper employs data from 103 developing countries between 1981 and 2012 to examine the determinants of private savings in sub-Saharan Africa (SSA), with a focus on the effect of financial liberalization on private savings. It also analyses why the savings rate for SSA countries is lower than for...
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– Disentangling the roles of trend and cycle
Resource mobilization continues to be an important policy challenge for developing economies, raising questions as to what determines differences in saving behaviour across countries. Using a panel of 47 economies with at least 40 years of continuous time series data, we causally identify, using a...
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– Experimental evidence on role models in Vietnam
How can development programmes reach out to remote communities? This paper presents experimental evidence on the impact of a role models intervention that aims to inspire ethnic minority households to start businesses and diversify income sources. The experiment took place in three provinces of the...
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– Evidence from an experimental study
Reducing gender inequality is a critically important development challenge, especially in countries with widespread and deep-rooted prejudices against women. In this study, we use a randomized control trial to examine whether facilitating Vietnamese men to reflect about gender equality can reduce...
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– Learning from regular, high-quality panel data
While many studies of welfare dynamics have been conducted using panel data sets with two or three waves, much richer insights can be obtained where more waves are available. This paper analyses this issue for the case of the Vietnam Access to Resources Household Survey, a carefully collected and...
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– New evidence from rural Vienam
Using the Vietnam Access to Resources Household Survey (VARHS) with a panel of households present from 2008 to 2016, the study investigates the impact of social capital on household vulnerability. The empirical results indicate that both commune shocks and household shocks are associated with the...
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– A quasi-experimental evaluation
We evaluate the impact on household income of Vietnam’s national target programme to build a new countryside for the period from 2010 to 2015. The purpose of the programme is to modernize rural Vietnam. Given the universal implementation of the programme, we use a quasi-experimental approach whereby...
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Structural transformation in rural areas is a key issue in economic development. While much of the literature on structural transformation has so far focussed on household- or commune levels or even higher aggregate levels, little is known about the individual member level. The paper aims at...
Displaying 16 of 79 results