An investigative analysis into the saving behaviour of poor households in developing countries: with specific reference to South Africa
Year: 2007
Type: dissertation
Abstract: with specific reference to South AfricaIn South Africa, as in many developing countries, most households are poor and do not save, as a result of which they do not acquire any positive net worth and which also constrains access to formal means of finance.South African is a consuming nation, with increasing ratios of household consumption resulting in dissaving and often unsustainable levels of household debt, which is also stimulated by the current lower level of interest rates.This situation is worse amongst poor households who also often experience financial shocks, for instance because of the death of family members as a result of HIV/Aids.Empirical evidence in South Africa indicates that some of these households do try to save, but that it is extremely difficult to escape from the vicious circle of overspending and debt.The report provides and overview of household saving in South Africa for the period 1983 to 2003.It identifies the main factors responsible for the lack of a commitment to saving which University of the Western Cape without whom this study would not have been possible.Her willingness to share her knowledge and experience, to give guidance and to encourage critical thinking has been invaluable.It was a significant privilege and honour to work with her.She inspired me in my work and I hope to continue our collaboration in future endeavours.Most of all however, I wish to say how much I appreciate the confidence she has shown in me.My fiancé (Mpiana Kalula) active support for my education and his effort to see me succeed in life are blessings worth acknowledging here.For this, I shall be eternally grateful and I pray for his continued good health and blessings.My gratitude goes to my family whose affection, patience, protection, understanding, love, inspiration and moral support contributed greatly to the success of this study.I am eternally
Author: Marie-Therese Nga
Language: English
Subfield: Accounting
Domain: Social Sciences
SDG: No poverty
Open Access status: green
OpenAlex ID: W1629326136