| Savings and Development |  |
| ISSN 0393-4551 |
Nicholas M. Odhiambo
Savings and Development Vol. 33(2009), No. 1, pp. 7-25
This study takes a fresh look at the direction of causality between financial development and economic growth in Kenya by examining the impact of inflation on the finance-growth nexus. The empirical results reveal that economic growth Granger-causes [...]
Mustafa Hassan Mohammad Adam
Savings and Development Vol. 33(2009), No. 1, pp. 27-40
The financial sector plays a crucial role in economic growth; it allows an efficient transfer of resources from those who save to those who invest. This sector comprises financial institutions, markets and instruments. This study highlights the fact [...]
Isabel Fischer and Gertrud Buchenrieder
Savings and Development Vol. 33(2009), No. 1, pp. 41-60
Livestock plays a pivotal role for smallholder production systems in mountainous Northern Vietnam. Economic risks, especially the loss of livestock, are major reasons for slipping into poverty. Normally, insurance systems could step in to assist. In [...]
Chrysost Bangake and Jude Eggoh
Savings and Development Vol. 33(2009), No. 1, pp. 61-72
In this paper we explore whether the two existing currency unions in CFA Franc zone have a significant increase in trade between members. Furthermore, the impact of regional agreements which are only based on preferential trade (ECOWAS, COMESA, and [...]
Adams. Dale W.
Savings and Development Vol. 33(2009), No. 1, pp. 73-85
In times past thrift was encouraged while debt was condemned. But more recently the notion of debt has replaced thrift as the way to ease poverty. A few recent examples demonstrate that poor people can and will save if given proper opportunities and [...]
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