scholarly journals Assessing the effect of domestic resource mobilization on the economic growth of Cameroon

2016 ◽  
Vol 12 (2016) ◽  
pp. 66-89 ◽  
Author(s):  
Vukengkeng Andrew Wujung ◽  
Fozoh Isiah Aziseh
Keyword(s):  
Economic Growth ◽  
Resource Mobilization ◽  
Domestic Resource

Sustainable Financing through Domestic Resource Mobilization (DRM)

2018 ◽  
pp. 514-535
Author(s):  
Francesco Seatzu
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Poverty Alleviation ◽  
Addis Ababa ◽  
Developed Countries ◽  
Resource Mobilization ◽  
Development Goals ◽  
The Relationship ◽  
Domestic Resource ◽  
Sustainable Financing

Domestic resource mobilization (DRM) has assumed increasing significance as a form of financing for sustainable development and economic growth in Africa. This chapter explores the present and future roles of international law concerning the regulation of this form of financing for sustainable development and economic growth in Africa, as well as the main obstacles and challenges of mobilising DRM in African developing and less developed countries. While there is a wide array of questions and issues related to this form of financing for development that international conferences and summits, in particular the Monterrey Consensus on Financing for Development and the Addis Ababa Agenda for Action, have addressed in various forms and with different emphasis and results, the chapter focuses exclusively on some substantial issues, such as the use of DRM for the financing of the new Sustainable Development Goals and the relationship between DRM and poverty alleviation actions and strategies.

scholarly journals Socio-economic Characteristics and Household Savings: An Analysis of the Households' Saving Behaviour in Pakistan

1992 ◽  
Vol 31 (1) ◽  
pp. 31-48 ◽  
Author(s):  
Nadeem A. Burney ◽  
Ashfaque H. Khan
Keyword(s):  
Economic Growth ◽  
Rural Households ◽  
Household Head ◽  
Ordinary Least Squares ◽  
Negative Influence ◽  
Resource Mobilization ◽  
Household Savings ◽  
General Belief ◽  
Savings Rate ◽  
Domestic Resource

Domestic resource mobilization is one of the key determinants of sustained economic growth. Pakistan's perfonnance with regard to domestic resource mobilization has been poor despite maintaining a respectable economic growth rate. Why is the savings rate so low in Pakistan? In this paper we analyse the household savings behaviour in Pakistan, using micro level data of the Household Income and Expenditure Survey (HIES) for the year 1984-85. Three different non-linear savings functions attributed to Keynes, Klein, and Landau are estimated separately for the urban and the rural households, using the Ordinary Least Squares (OLS) technique. It is found that the average income and saving of an urban household are considerably higher than those of overall Pakistan or a rural household. However, contrary to the general belief, it is found that the propensity to save of the rural households is much higher than that of their urban counterparts. The dependency ratio and the various categories of education are found to have a negative influence on household savings. No systematic relationship is found between savings and the employment status and occupation of the household head. It is found, however, that saving increases with age but tends to decline when the age crosses a certain limit - a finding consistent with the Life Cycle Hypothesis.

scholarly journals Financial Repression , Financial Development and Structure of Savings in Pakistan

1988 ◽  
Vol 27 (4II) ◽  
pp. 701-713 ◽  
Author(s):  
Ashfaque H. Khan
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Low Income ◽  
Economic Performance ◽  
Gross National Product ◽  
Poor Performance ◽  
Resource Mobilization ◽  
Financial Repression ◽  
The Past ◽  
Domestic Resource

The mobilization of domestic resources is one of the key determinants of sustained economic growth. Improving domestic resource mobilization involves raising the level of national savings to enable a higher level of investment, hence a faster rate of economic growth. Pakistan's saving performance and its overall economic performance appear to be incongruous. Over the past several years, Pakistan has maintained an economic growth of more than 6 percent which is laudable, but her performance with regard to savings has been poor. In fact, saving as a fraction of the Gross National Product (GNP) is one of the lowest among the developing countries. The current saving rate of about 14 percent of GNP fares badly with 23 percent for other low-income developing countries. 1 What are the reasons for such a poor performance of savings in Pakistan? This paper attempts to provide some explanations for the causes of low savings in Pakistan.

More Finance or Better Finance in Feldstein–Horioka Puzzle: Evidence from SSA Countries

2017 ◽  
Vol 18 (1) ◽  
pp. 132-143 ◽  
Author(s):  
Ibrahim Dolapo Raheem
Keyword(s):  
Financial Development ◽  
Resource Mobilization ◽  
Financial Reforms ◽  
Retention Coefficient ◽  
Substantial Investment ◽  
Sub Saharan ◽  
Saving Retention ◽  
Ssa Countries ◽  
Domestic Resource

This study examined the role of financial development in the Feldstein–Horioka (FH) puzzle for 31 sub-Saharan African (SSA) countries for the period 1999–2011. Unlike previous studies that used traditional measures of finance (‘more finance’), we advocated for superior measures of financial development (‘better finance’). The baseline regression shows that ‘more finance’ increases the FH estimate, while ‘better finance’ serves as drag to the same retention coefficients. The reverse of these results was obtained when the baseline regression was extended to account for the interaction between savings and proxies for finance. The results obtained show a considerable improvement in the saving retention coefficient when ‘better finance’ was used as against ‘more finance’. This concretely reinforces the superior role of ‘better finance’ in mobilizing, distributing and utilizing savings for investment within these economies. Based on these findings, domestic resource mobilization can be a veritable vehicle for plugging the substantial investment gap in these SSA economies. However, such policy thrust must be complemented by far-reaching financial reforms.

Sign in / Sign up

Export Citation Format

Share Document