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Publications (34)
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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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– An analysis of attitudes towards redistribution across groups in Africa
Inequalities between ethnic or racial groups, defined as horizontal inequalities, are pervasive and persistent. They persist due to cumulative and reinforcing inequalities arising from unequal access to different types of capital. Affirmative action policies can provide promising opportunities for...
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– Comparative evidence from Ethiopia, India, Peru, and Vietnam
We investigate whether there are racial and ethnic disparities in children’s education in Ethiopia, India, Peru, and Vietnam. We find that in all the four countries, and especially in Vietnam, children from small ethnic groups have lower education attainment and cognitive ability. The gap in...
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In India, caste shapes access to a variety of resources and outcomes mainly through its influence on inter-generational prosperity, but also the linked phenomenon of discrimination. This paper examines whether caste-based differences in access to formal agricultural loans reflect discrimination in...
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Research on caste-based inequalities in India has generally focused on differences between large categories such as the Scheduled Castes, the Scheduled Tribes, and the remainder of the population. We contribute to the literature on horizontal inequalities in India by looking within these groupings...
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We evaluate the effectiveness of a post-conflict development programme on maternal health-care utilization in the Chittagong Hill Tracts of Bangladesh. Our work varies from conventional impact evaluation studies because of the inclusion of two post-conflict psychosocial risks: the household’s actual...
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The market environment in which discriminatory firms operate may be a relevant determinant of their extent of discrimination. In this paper we aim at analysing the effect of local labour market conditions on a firm’s decision to discriminate. We use a direct measure of discrimination using online...
Displaying 16 of 34 results