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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 other developing countries, by examining whether the … determinants of private savings in SSA differ significantly from non-SSA countries. We find: (i) financial liberalization does not …
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individuals respond to tax subsidy for long-term savings. We utilize the 2013 tax reform that lowered the price subsidy for long …-term savings in order to obtain causal identification. Our difference-in-difference analysis illustrates that there is a …
Persistent link: https://www.econbiz.de/10012437871
Given its role in affecting financial behavior, financial literacy has received considerable attention from researchers and policy makers alike. This paper employs data from a nationally representative survey in Indonesia to investigate the impact of financial literacy on poverty, which is a...
Persistent link: https://www.econbiz.de/10012181105
Despite the sharply increasing remittances in developing countries (especially in the AsiaPacific region), the relationship between remittances and domestic investment in recipient countries has not been fluently evidenced. This paper aims to fill the empirical gap in the Asia-Pacific region by...
Persistent link: https://www.econbiz.de/10012193692
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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 countries. However, Ghana has one of the poorest savings performances …
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