Financial Sector Reforms and Savings Mobilization in Zambia
Author : Samuel Munzele Maimbo
Publisher :
Page : 30 pages
File Size : 42,50 MB
Release : 2003
Category : Finance
ISBN :
Author : Samuel Munzele Maimbo
Publisher :
Page : 30 pages
File Size : 42,50 MB
Release : 2003
Category : Finance
ISBN :
Author : Munacinga Simatele
Publisher : Goteborg University
Page : 206 pages
File Size : 47,95 MB
Release : 2004
Category : Monetary policy
ISBN :
Author : José de Luna-Martinez
Publisher :
Page : 36 pages
File Size : 37,74 MB
Release : 2016
Category :
ISBN :
Despite the deep financial sector reforms undertaken in Zambia in the early 1990s, the expected benefits of establishing a market-based banking system has not materialized. In 2005 the banking system continued to be small and underdeveloped. Credit to the private sector by banks represented only 8 percent of GDP in 2005, which is slightly lower than the level registered in 1990. As in the early 1990s, only large corporations and a few small- and medium-size enterprises have access to credit in 2006. Moreover, less than 8 percent of Zambia's adult population had a bank account in 2005. And despite the open door policy to foreign financial institutions, which has been in place since Zambia's independence, only a few new banking products have been introduced by foreign banks to serve the needs of households and firms. This paper analyzes the factors that have prevented the development of a large and inclusive banking system in Zambia and highlights possible actions that may help improve access to finance in Zambia in both the short and long terms.
Author : G. Mavrotas
Publisher : Springer
Page : 306 pages
File Size : 13,24 MB
Release : 2008-03-27
Category : Business & Economics
ISBN : 0230594018
This book provides insights into the evolving debate regarding the mobilization of domestic resources and the crucial role that financial development can and should play in this regard, exploring aspects of the financial development–domestic resource mobilization nexus, including country case studies.
Author : Martin Brownbridge
Publisher :
Page : 36 pages
File Size : 14,25 MB
Release : 1996
Category : Banks and banking
ISBN :
Written in an accessible way, this book explores the conference and conventions industry. Aimed at HND and undergraduate degree students on event management and hospitality management courses, as well as practioners and event managers, it includes a global range of case studies from Great Britain, Dubai, Thaliand, Canada and Australia, amongst others. Questions and practical assignments at the end of each chapter encourage the reader to test their knowledge and consider issues raised.
Author : Mahendra Pal
Publisher :
Page : 22 pages
File Size : 17,91 MB
Release : 2018
Category :
ISBN :
The basic objective of this paper is to study the financial sector reform policies during the reform period in Zambia Over the period financial sector reforms have been undertaken in Zambia. It traces the relationship between financial deepening and economic growth. This empirical study examined financial deepening and economic development in Zambia between 1986 and 2012. The central focus is that a high level of financial deepening is a necessary condition for accelerating growth in an economy. This is because of the central role of the financial system in mobilizing savings and allocating same for the development process. The study made use of secondary data, sourced for a period of 25 years. The study is based on theoretical underpinnings of McKinnon-Shaw model. Analytical framework was used in the analysis. At the end of the study, we found that financial deepening index is low in Zambia over the years. We also found that the nine explanatory variables, as a whole were useful and had a statistical relationship with financial deepening. But four of the variables; lending rates, financial savings ratio, cheques/GDP ratio and the deposit money banks/GDP ratio had a significant relationship with financial deepening. We conclude that: the financial system has not sustained an effective financial intermediation, especially credit allocation and a high level of monetization of the economy. Thus the regulatory framework should be restructured to ensure good risk management, corporate governance and stemming systemic crisis in the system.
Author : A. B. Kamara
Publisher : Editions L'Harmattan
Page : 213 pages
File Size : 42,31 MB
Release : 2009-11-01
Category : Social Science
ISBN : 2296244955
The global economic crisis revealed a high fragility of growth in African economies, especially among those that are heavily dependent on commodity export. The fragility and lack of depth in African financial markets has also exposed them to adverse effects of volatility of foreign capital outflows. This calls for an urgent need to design strategies to exploit the full potential of domestic resource mobilization and pooling of resources, as well as a rebalancing of exportled growth strategies.
Author : Peter Zgambo
Publisher :
Page : 170 pages
File Size : 13,45 MB
Release : 2005
Category :
ISBN :
Author : Mario Masini
Publisher :
Page : 76 pages
File Size : 28,16 MB
Release : 1979
Category :
ISBN :
Author : T. O. Antwi-Asare
Publisher :
Page : 136 pages
File Size : 40,15 MB
Release : 2000
Category : Banks and banking
ISBN :