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The impact of financial liberalization policies : the case of Botswana

journal contribution
posted on 06.12.2017, 00:00 authored by Abdullahi AhmedAbdullahi Ahmed
Financial liberalization enables market forces to play a greater role in mobilizing resources, allocating credit, setting financial asset prices and improving financial intermediation. Many studies have claimed that these changes enhance savings, and improve efficiency of investment, which ultimately ameliorate economic growth. This paper attempts to analyse the Botswana experience, where despite having an open economy for many decades, financial liberalization was a major policy in the recent structural change. Our analysis show that, in line with the objectives of financial liberalization program in Botswana, both the level of savings and efficiency of investment, have shown some sign of improvement.

Funding

Category 1 - Australian Competitive Grants (this includes ARC, NHMRC)

History

Volume

1

Issue

1

Start Page

13

End Page

38

Number of Pages

26

ISSN

1060-6076

Location

United States

Publisher

New York University, Africana Studies Program

Language

en-aus

Peer Reviewed

Yes

Open Access

No

Era Eligible

Yes

Journal

Journal of African development.

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