Savings and interest rate: The case of Kenya

Savings and Development

Volumn 20, Issue 1 DEC., 1996, Pages 33-44

  Azam, Jean Paul ^a  

^a UNIVERSITÉ CLERMONT AUVERGNE   (France)

Author keywords

[No Author keywords available]

Indexed keywords

DEVELOPING COUNTRY; INTEREST RATE; REAL INTEREST RATE; SAVINGS RATE; TERMS OF TRADE;

KENYA;

EID: 0030476734     PISSN: 03934551     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Article

References (13)

1. Azam, J. P. and C. Daubrée (1995): Contourner l'Etat: La croissance économique au Kenya (1964-1990), O.E.C.D. Development Centre: Paris.
2. Bevan, D., P. Collier and J. W. Gunning (1991): "The Macroeconomics of External Shocks", in V. N. Balasubramanyam and S. Lall (eds.): Current Issues in Development Economics, 91-117, Macmillan: London.
3. Bevan, D., P. Collier and J. W. Gunning (1992): "Anatomy of a Temporary Trade Shock: The Kenyan Coffee Boom of 1976-9", Journal of African Economies, 1, 271-305.
4. Calvo, G.A. (1992): "Are High Interest Rates Effective in Stopping High Inflation? Some Skeptical Notes", World Bank Economic Review, 6, 55-69.
5. Collier, P. and C. Mayer (1989): "The Assesment: Financial Liberalization, Financial Systems, and Economic Growth", Oxford Review of Economic Policy, 5, 1-12.
6. Fry, M. J. (1988): Money, Interest and Banking in Economic Development, Johns Hopkins: Baltimore.
7. Grosh, B. (1990): "Parastatal-Led Development: The Financial Sector in Kenya, 1971 -1987", African Development Review, 2, 27-48.
8. Killick, T. and F. M. Mwega (1990): Monetary Policy in Kenya, 1967-88, ODI Working Paper 39, Overseas Development Institute: London.
9. Levhari, D. and D. Patinkin (1968): "The Role of Money in a Simple Growth Model", American Economic Review, LVIII, 713-753.
10. Montiel, P.J., P.-R. Agénor and N. U. Haque (1993): Informal Financial Markets in Developing Countries, Blackwells: Oxford.
11. Mwega, F. M., S. M. Ngola and N. Mwangi (1990): Real Interest Rates and the Mobilization of Private Savings in Africa, A.E.R.C. Research Paper 2, Initiative Publishers: Nairobi.
12. Oshikoya, T.W. (1992): "Interest Rate Liberalization, Savings, Investment and Growth: The Case of Kenya", Savings and Development, XVI, 305-320.
13. Roubini, N. and X. Sala-y-Martin (1992): "Financial Repression and Economic Growth", Journal of Development Economics, 39, 5-30.