Savings, insurance and debt over the post-apartheid period: a review of recent research

dc.contributor.authorCally, Ardington
dc.contributor.authorDavid, Lam
dc.contributor.authorMurray, Leibbrandt
dc.contributor.authorJames, Levinsohn
dc.date.accessioned2016-04-25T11:33:23Z
dc.date.available2016-04-25T11:33:23Z
dc.date.issued2004
dc.date.updated2016-04-25T11:29:56Z
dc.description.abstractSustainable poverty reduction requires that poor households effectively manage risk. The absence of basic financial services is a major obstacle to poverty reduction in South Africa. This paper reviews available South African literature on utilisation of formal and informal risk management instruments. The centrality of income in accessing the complementary bundle of formal financial services excludes households in the lower deciles from formal financial services. Rural households and households without formally employed household members are also denied access. Strong complementarities with informal channels of finance mean that these same households have limited access to even informal financial services. Promoting the use of savings accounts in pension and social grant payouts and the growth of village banks have been suggested as means to increase formal access for the poor.en_ZA
dc.identifier.apacitationCally, A., David, L., Murray, L., & James, L. (2004). <i>Savings, insurance and debt over the post-apartheid period: a review of recent research</i> University of Cape Town ,Faculty of Humanities ,Centre for Social Science Research(CSSR). Retrieved from http://hdl.handle.net/11427/19195en_ZA
dc.identifier.chicagocitationCally, Ardington, Lam David, Leibbrandt Murray, and Levinsohn James <i>Savings, insurance and debt over the post-apartheid period: a review of recent research.</i> University of Cape Town ,Faculty of Humanities ,Centre for Social Science Research(CSSR), 2004. http://hdl.handle.net/11427/19195en_ZA
dc.identifier.citationArdington, C., Lam, D., Leibbrandt, M., & Levinsohn, J. (2004). Savings, insurance and debt over the post-apartheid period: A review of recent research. Centre for Social Science Research, University of Cape Townen_ZA
dc.identifier.isbn0-7992-2260-7en_ZA
dc.identifier.ris TY - Working Paper AU - Cally, Ardington AU - David, Lam AU - Murray, Leibbrandt AU - James, Levinsohn AB - Sustainable poverty reduction requires that poor households effectively manage risk. The absence of basic financial services is a major obstacle to poverty reduction in South Africa. This paper reviews available South African literature on utilisation of formal and informal risk management instruments. The centrality of income in accessing the complementary bundle of formal financial services excludes households in the lower deciles from formal financial services. Rural households and households without formally employed household members are also denied access. Strong complementarities with informal channels of finance mean that these same households have limited access to even informal financial services. Promoting the use of savings accounts in pension and social grant payouts and the growth of village banks have been suggested as means to increase formal access for the poor. DA - 2004 DB - OpenUCT DP - University of Cape Town J1 - Centre for Social Science Research LK - https://open.uct.ac.za PB - University of Cape Town PY - 2004 SM - 0-7992-2260-7 T1 - Savings, insurance and debt over the post-apartheid period: a review of recent research TI - Savings, insurance and debt over the post-apartheid period: a review of recent research UR - http://hdl.handle.net/11427/19195 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/19195
dc.identifier.vancouvercitationCally A, David L, Murray L, James L. Savings, insurance and debt over the post-apartheid period: a review of recent research. 2004 [cited yyyy month dd]. Available from: http://hdl.handle.net/11427/19195en_ZA
dc.languageengen_ZA
dc.publisher.departmentCentre for Social Science Research(CSSR)en_ZA
dc.publisher.facultyFaculty of Humanitiesen_ZA
dc.publisher.institutionUniversity of Cape Town
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0)
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/4.0/
dc.sourceCentre for Social Science Research
dc.source.urihttp://www.cssr.uct.ac.za/
dc.subject.othersavings
dc.subject.otherinsurance
dc.subject.otherdebt
dc.subject.otherpost-apartheid
dc.titleSavings, insurance and debt over the post-apartheid period: a review of recent researchen_ZA
dc.typeWorking Paperen_ZA
uct.type.filetypeText
uct.type.publicationResearchen_ZA
uct.type.resourceResearch paperen_ZA
Files
Original bundle
Now showing 1 - 1 of 1
Loading...
Thumbnail Image
Name:
Cally_Savings_insurancedebt_2004.pdf
Size:
597.23 KB
Format:
Adobe Portable Document Format
Description:
License bundle
Now showing 1 - 1 of 1
Loading...
Thumbnail Image
Name:
license.txt
Size:
1.72 KB
Format:
Item-specific license agreed upon to submission
Description:
Collections