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  3. Vol. 16 No. 3-4 (1991): Africa Development: Spécial Issue - The International Economy and Africa's Economy Recovery
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Vol. 16 No. 3-4 (1991): Africa Development: Spécial Issue - The International Economy and Africa's Economy Recovery

Issue Published : February 8, 2022

8 - Savings Mobilization, Financial Liberalization and Economic Adjustment in Africa: Issues, Theory and Policy Consequences

https://doi.org/10.57054/ad.v16i3-4.2712
Mbui Wagacha 

Corresponding Author(s) : Mbui Wagacha 

no-reply@codesria.org

Africa Development, Vol. 16 No. 3-4 (1991): Africa Development: Spécial Issue - The International Economy and Africa's Economy Recovery
Article Published : June 28, 1991

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Abstract

Cet article analyse la complexité étonnante ainsi que l'existence de lacunes dans la recherche et de politiques contradictoires sur des problèmes relatifs à la mobilisation de l'épargne et à la libéralisation économique en Afrique. Plus d'une décennie de croissance lente ou négative dans nombre d' économies de la région n'a pas conduit à une plus grande élaboration analytique et une meilleure compréhension des processus d'épargne et leur importance dans le développement économique. Les pays développés ont connu à la même période, un développement économique sans précédent; des études plus approfondies sur l'épargne ont globalement confirmé les thèses de Lewis. Les partisans les plus acharnés d'un taux d'épargne national élevé ont montré à partir de preuves historiques que l'épargne augmente le capital invest ib le per capita. Ainsi non seulement il détermine la croissance mais également l'augmentation de la productivité , la compétitivité et le niveau de vie.


 

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Mbui Wagacha  1991. 8 - Savings Mobilization, Financial Liberalization and Economic Adjustment in Africa: Issues, Theory and Policy Consequences. Africa Development. 16, 3-4 (Jun. 1991). DOI:https://doi.org/10.57054/ad.v16i3-4.2712.
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Author Biography

Mbui Wagacha 

was Chief of Division in lhe Research Department of the African Centre for Monetary Studies, Dakar, Senegal. He is now with the African Development Bank, Abidjan, Cote d'Ivoire. This paper draws partly from the author's research carried out under Project No. 90-031 1 of the IDRC (International Development Research Centre, Ottawa, Canada).

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Africa Development

 

Providing a forum for the exchange of ideas among African scholars from a variety of intellectual persuasions and various disciplines.
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