IDEAS home Printed from https://ideas.repec.org/p/ldr/cssrwp/059.html
   My bibliography  Save this paper

Savings and Savers: An Analysis of Saving Behaviour among Cape Town's Poor

Author

Listed:
  • Ross Esson

Abstract

This paper analyses the characteristics of low-income savers in a working class residential area of Cape Town. It uses the Khayelitsha and Mitchell's Plain Survey that was conducted in 2000. The survey was done at both a household and individual level for all adults over 18 years old. These household and individual datasets were merged to form the dataset used in this study. There were 4984 respondents of which 2644 were adults .The KMPS data set is a good foundation for analysing the characteristics of savers in a low income area characterised by high unemployment and poverty. Economic theory defines savings as that part of disposable

Suggested Citation

  • Ross Esson, 2003. "Savings and Savers: An Analysis of Saving Behaviour among Cape Town's Poor," SALDRU/CSSR Working Papers 059, Southern Africa Labour and Development Research Unit, University of Cape Town.
    • Handle: RePEc:ldr:cssrwp:059
    as

    Download full text from publisher

    File URL: https://www.opensaldru.uct.ac.za/handle/11090/639
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Coetzee, Gerhard K. & Cross, Catherine, 2002. "The Role Of Community Banks In South Africa: Can It Contribute To Impove Access To Financial Services For The Poor?," Working Papers 18039, University of Pretoria, Department of Agricultural Economics, Extension and Rural Development.
    2. Gina Buijs, 1998. "Savings and loan clubs: Risky ventures or good business practice? A study of the importance of rotating savings and credit associations for poor women," Development Southern Africa, Taylor & Francis Journals, vol. 15(1), pages 55-65.
    3. Jolene Skordis & Matthew Welch, 2004. "Comparing alternative measures of household income: Evidence from the Khayelitsha/Mitchell's plain survey," Development Southern Africa, Taylor & Francis Journals, vol. 21(3), pages 461-481.
    4. Mr. Vassili Prokopenko & Mr. Paul Holden, 2001. "Financial Development and Poverty Alleviation: Issues and Policy Implications for Developing and Transition Countries," IMF Working Papers 2001/160, International Monetary Fund.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Eshetu Bekele & Zeleke Worku, 2008. "Factors That Affect The Long‐Term Survival Of Micro, Small And Medium Enterprises In Ethiopia," South African Journal of Economics, Economic Society of South Africa, vol. 76(3), pages 548-568, September.
    2. de Moraes, Claudio Oliveira & Cruz, Guilherme, 2023. "What do we know about the relationship between banks and income inequality? Empirical evidence for emerging and low-income countries," Journal of Economics and Business, Elsevier, vol. 123(C).
    3. Claude Berthomieu & Anastasia Ri, 2009. "Process and Effects of Financial Liberalization in Transition Countries: A Selective Literature Survey," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 56(4), pages 453-473, December.
    4. Abdelhafidh Dhrifi, 2013. "Financial Development and Poverty: What Role for Growth and Inequality?," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 3(4), pages 119-129, October.
    5. Inoue, Takeshi & Hamori, Shigeyuki, 2010. "How has financial deepening affected poverty reduction in India? : empirical analysis using state-level panel data," IDE Discussion Papers 249, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    6. Philip Arestis & Asena Caner, 2010. "Capital account liberalisation and poverty: how close is the link?," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 34(2), pages 295-323, March.
    7. Sèna Kimm Gnangnon, 2023. "Do unilateral trade preferences help reduce poverty in beneficiary countries?," International Journal of Economic Policy Studies, Springer, vol. 17(1), pages 249-288, February.
    8. Takeshi Inoue & Shigeyuki Hamori, 2013. "Financial permeation as a role of microfinance: has microfinance actually been a viable financial intermediary for helping the poor?," Applied Financial Economics, Taylor & Francis Journals, vol. 23(20), pages 1567-1578, October.
    9. Alberto Lanzavecchia, 2012. "Is microcredit targeted to poor people? Evidences from a Cambodian microfinance institution," "Marco Fanno" Working Papers 0149, Dipartimento di Scienze Economiche "Marco Fanno".
    10. Lemnge, Deusdedit Augustine & Raphael, Gwahula, 2023. "Financial Development and Poverty Reduction in Sub-Saharan Africa," African Journal of Economic Review, African Journal of Economic Review, vol. 11(4), September.
    11. Félix, Elisabete Gomes Santana & Belo, Teresa Freitas, 2019. "The impact of microcredit on poverty reduction in eleven developing countries in south-east Asia," Journal of Multinational Financial Management, Elsevier, vol. 52.
    12. Anjali Kumar & Thorsten Beck & Cristine Campos & Soumya Chattopadhyay, 2005. "Assessing Financial Access in Brazil," World Bank Publications - Books, The World Bank Group, number 7452, December.
    13. Philip Arestis & Asena Caner, 2004. "Financial Liberalization and Poverty: Channels of Influence," Economics Working Paper Archive wp_411, Levy Economics Institute.
    14. Madhu Sehrawat & A. K. Giri, 2018. "The impact of financial development, economic growth, income inequality on poverty: evidence from India," Empirical Economics, Springer, vol. 55(4), pages 1585-1602, December.
    15. You, Kefei & Bianco, Silvia Dal & Amankwah-Amoah, Joseph, 2020. "Closing Technological Gaps to Alleviate Poverty: Evidence from 17 Sub-Saharan African Countries," Technological Forecasting and Social Change, Elsevier, vol. 157(C).
    16. Solo, Tova Maria & Manroth, Astrid, 2006. "Access to financial services in Colombia : the"unbanked"in Bogota," Policy Research Working Paper Series 3834, The World Bank.
    17. Kunal Sen, "undated". "Towards Inclusive Financial Development for Achieving the MDGs in Asia and the Pacific," MPDD Working Paper Series WP/10/07, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).
    18. Qian, Zongxin & Tu, Yonghong & Zhou, Zinan, 2022. "The impact of financial development on the income and consumption levels of China’s rural residents," Journal of Asian Economics, Elsevier, vol. 83(C).
    19. Ebrahim, M. Shahid, 2009. "Can an Islamic model of housing finance cooperative elevate the economic status of the underprivileged?," Journal of Economic Behavior & Organization, Elsevier, vol. 72(3), pages 864-883, December.
    20. Abdelhafidh Dhrifi, 2015. "Financial Development and the "Growth-Inequality-Poverty" Triangle," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 6(4), pages 1163-1176, December.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ldr:cssrwp:059. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alison Siljeur (email available below). General contact details of provider: https://edirc.repec.org/data/sauctza.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.