Working Paper
Temperature, climate change, and household financial behaviour
We examine the impact of temperature shocks and climate change on household financial behaviour in Viet Nam. To do so, we first estimate the effect of temperature on household borrowing and savings using Vietnamese longitudinal data that matches...
Working Paper
Effects of productivity growth on domestic savings across countries
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...
Working Paper
Savings transition in Asia
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...
Working Paper
Financial liberalization and its implications for private savings in sub-Saharan Africa
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...
Working Paper
Pension funds in sub-Saharan Africa
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...
Working Paper
Fintech in sub-Saharan Africa
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...
Working Paper
Public savings in Africa
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...
Working Paper
Determinants of domestic savings in Tanzania
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...
Working Paper
The determinants of domestic savings in Cameroon: what role for institutions?
Domestic resource mobilization has rightly been placed at the centre of the ‘financing for development’ agenda across developing countries. While much is known about the importance of domestic taxes in contributing to this agenda, little is known...
Project
Personal assets from a global perspective
Theme: 2004-05
The project aims to assemble data about the distribution and composition of personal assets in developing, transition, and developed countries and to study the implications of personal asset-holding for economic development. The most important asset...