About this document
Saving Trends in Sub-Saharan Africa by Wilson Lancheros is a document available to read on EtoBox.
The paper discusses the low and declining gross domestic savings rates in Sub-Saharan Africa, which averaged only 8% of GDP in the 1980s compared to higher rates in Southeast Asia and Newly Industrialized Economies. It highlights that household savings dominate the savings landscape, primarily in non-financial assets, and emphasizes the challenges in accurately measuring these savings due to unreliable national accounts data. The authors suggest that transaction costs and risk management strategies influenc
- Author
- Wilson Lancheros
- Language
- EN