The Domestic Savings Shortfall in Sub-Saharan Africa

This book aims to increase knowledge about (i) the key drivers of domestic saving rates in sub-Saharan Africa (SSA); (ii) whether alternative approaches, such as pension funds or fintech, could provide new solutions to increase domestic savings; (iii) lessons learnt from the experiences so far in di...

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स्वरूप: Online
भाषा:अंग्रेज़ी
प्रकाशित: Oxford University Press 2025
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ऑनलाइन पहुंच:https://library.oapen.org/handle/20.500.12657/102403
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collection Directory of Open Access Books
description This book aims to increase knowledge about (i) the key drivers of domestic saving rates in sub-Saharan Africa (SSA); (ii) whether alternative approaches, such as pension funds or fintech, could provide new solutions to increase domestic savings; (iii) lessons learnt from the experiences so far in different countries in SSA; and (iv) what can SSA learn from the experience of other regions which have been more successful in raising savings rates. The book consists of two parts: (I) thematic studies and (II) country studies. The thematic studies examine the implications of new developments in African financial markets on savings behaviour, the role of sovereign wealth funds, pensions, and capital markets in augmenting savings and in economic development, the challenges of the debt crisis in Africa, the implications of financial liberalization for private saving in SSA, and lessons on how to increase savings rates from East and South Asia. The four country studies—Tanzania, Ghana, Cameroon, and Ghana—examine the determinants of domestic savings. The countries were selected based on criteria that capture the diversity of savings performance in SSA. Each case study uses a common conceptual framework drawn from the life-cycle theory of savings and the same empirical methods to test for the determinants of savings using time-series data for the country in question. The findings of the book provide clear recommendations on how to increase savings in sub-Saharan Africa.
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spelling doab-20.500.12854ir-1602452025-05-23T05:17:18Z The Domestic Savings Shortfall in Sub-Saharan Africa Ngugi, Rose Sen, Kunal domestic savings, private savings, sub-Saharan Africa, revenue mobilization, economic growth thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCC Microeconomics::KCCD Domestic or internal trade thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy This book aims to increase knowledge about (i) the key drivers of domestic saving rates in sub-Saharan Africa (SSA); (ii) whether alternative approaches, such as pension funds or fintech, could provide new solutions to increase domestic savings; (iii) lessons learnt from the experiences so far in different countries in SSA; and (iv) what can SSA learn from the experience of other regions which have been more successful in raising savings rates. The book consists of two parts: (I) thematic studies and (II) country studies. The thematic studies examine the implications of new developments in African financial markets on savings behaviour, the role of sovereign wealth funds, pensions, and capital markets in augmenting savings and in economic development, the challenges of the debt crisis in Africa, the implications of financial liberalization for private saving in SSA, and lessons on how to increase savings rates from East and South Asia. The four country studies—Tanzania, Ghana, Cameroon, and Ghana—examine the determinants of domestic savings. The countries were selected based on criteria that capture the diversity of savings performance in SSA. Each case study uses a common conceptual framework drawn from the life-cycle theory of savings and the same empirical methods to test for the determinants of savings using time-series data for the country in question. The findings of the book provide clear recommendations on how to increase savings in sub-Saharan Africa. 2025-05-23T05:17:17Z 2025-05-23T05:17:17Z 2025-05-22T13:23:59Z 2025 book https://library.oapen.org/handle/20.500.12657/102403 https://directory.doabooks.org/handle/20.500.12854/160245 eng WIDER Studies in Development Economics open access image/jpeg Attribution-NonCommercial-ShareAlike 4.0 International https://library.oapen.org/bitstream/20.500.12657/102403/1/9780198932499_WEB.pdf Oxford University Press 10.1093/oso/9780198932482.001.0001 10.1093/oso/9780198932482.001.0001 db4e319f-ca9f-449a-bcf2-37d7c6f885b1 UNU WIDER c9be6ad3-6692-452d-a1f3-a3e6c74f0fe2 353 Oxford open access
spellingShingle domestic savings, private savings, sub-Saharan Africa, revenue mobilization, economic growth
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCC Microeconomics::KCCD Domestic or internal trade
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy
The Domestic Savings Shortfall in Sub-Saharan Africa
title The Domestic Savings Shortfall in Sub-Saharan Africa
title_full The Domestic Savings Shortfall in Sub-Saharan Africa
title_fullStr The Domestic Savings Shortfall in Sub-Saharan Africa
title_full_unstemmed The Domestic Savings Shortfall in Sub-Saharan Africa
title_short The Domestic Savings Shortfall in Sub-Saharan Africa
title_sort domestic savings shortfall in sub saharan africa
topic domestic savings, private savings, sub-Saharan Africa, revenue mobilization, economic growth
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCC Microeconomics::KCCD Domestic or internal trade
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy
topic_facet domestic savings, private savings, sub-Saharan Africa, revenue mobilization, economic growth
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCC Microeconomics::KCCD Domestic or internal trade
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy
url https://library.oapen.org/handle/20.500.12657/102403