Saving Practices and Economic Performance: A Zimbabwean Case 1980–2015

Otekunrin, Adegbola Olubukola; Matowanyika, Kudzanai; Makurumidze, Shepard; Bhebhe, Thomas; Sifile, Obert

doi:10.18488/journal.aefr.2021.112.118.128

Cited by 3 publications

(2 citation statements)

References 6 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The Zimbabwean economy has undergone stringent regulations in the microfinance sector. For example, high capital requirements promulgated by the RBZ made many microfinance institutions leave the sector (Olubukola et al, 2021). Regulation, in this case, was detrimental to the sector’s development.…”

Section: Discussionmentioning

confidence: 99%

The Regulation and Inequality Nexus in Microfinance and Tourism Sectors

Mago,

Modiba

2024

Sage Open

View full text Add to dashboard Cite

This paper examines the complex nexus between regulation and inequality in Zimbabwe’s microfinance and tourism sectors. Rural Small to Medium Enterprises in Tourism (SMETs) is typical in the informal sector. However, SMETs in rural areas face financial, regulatory, and exclusionary constraints. This paper follows a qualitative literature review methodology guided by an exploratory design. In addition, one secondary case study was included to highlight the lived realities of SMETs. Findings indicate a complex connection between regulation and inequality in the economy. Overregulation leads to corruption, marginalization, and exclusion of small business activities. SMETs are constrained because they need access to finance for business growth. Thus, the nexus between the two variables profoundly impacts policy. The government must entangle the relationship for policy directions in the microfinance and tourism sectors. The paper concludes that the nexus between regulation and inequality needs urgent attention. The paper’s originality is based on using a systematic literature review to assess how regulations affect microfinance’s ability to fund rural SMETs so that these areas could have economic opportunities that would improve the livelihoods of people residing in these areas, thereby addressing inequalities. Furthermore, it contributes to the debates on the complex relationship between regulation and inequality of two sectors (microfinance and tourism) in Zimbabwe. It also informs future lines of research on the subject. Due to noted limitations on the research design used, more comprehensive empirical studies are required to understand the complexity of the nexus.

show abstract

Section: Discussionmentioning

confidence: 99%

The Regulation and Inequality Nexus in Microfinance and Tourism Sectors

Mago,

Modiba

2024

Sage Open

View full text Add to dashboard Cite

show abstract

“…Economic development encompasses growth in all sectors of the economy, including the real sector, financial sector, external sector, public sector, and social development. Economic growth is possible without development (Olubukola et al, 2021). This is the case in Nigeria, where the actual gross domestic product, which is a proxy for economic growth, rises year after year, but the economy as a whole isnot doing so well.…”

Section: Concept Of Economic Developmentmentioning

confidence: 99%

Do microfinance banks’ activities affect Nigeria’s economic development?

Otekunrin

Kenechukwu

Eluyela

et al. 2022

Banks and Bank Systems

View full text Add to dashboard Cite

Microfinance banks were set up to provide financial services to poor people to reduce the rate of poverty and improve the quality of living in the country. As such, this study ascertained the effect of microfinance banks on the economic development of Nigeria. Secondary data were obtained from the CBN Bulletin and records of the National Population Commission from 1996 to 2019. The study used Vector Autoregressive (VAR) estimates to test the effect of the independent variables (microfinance banks’ total loans and advances, total investments, and total deposits) on the dependent variable (per capita income). Johansen Co-integration results showed a relationship between microfinance banks and Nigeria’s economic development in the long run. The VAR results show that the activities of microfinance banks have a positive but insignificant effect on Nigeria’s economic development in the short term. Microfinance banks have not done well in their intermediation function to positively and significantly affect economic development, especially reducing the poverty rate, unemployment rate, and improving living standards, among other macroeconomic development indices in the short run. The study recommends that microfinance banks will help to improve the standard of living in the country by granting more credits to rural dwellers through the creation of corporative societies, age grades, and unions that are predominant in rural areas. AcknowledgmentWe are grateful to all researchers who contributed to this paper.

show abstract

A Study on Importance of Employee Assessment in Indian Banking Sector

Menaka

2023

PIJR

View full text Add to dashboard Cite

The banking business has forever been quite possibly of the most sought-after calling. Since the post-autonomy time frame,agreeable banks have inclined toward something very similar.Just a solid and effective Co-employable banking framework can develop and support in the opposition.Subsequently,the banking framework should not exclusively be not difficult to utilize, yet in addition equipped for meeting new difficulties raised by technology and other outside or inward factors.Human resources,whether private or public,are the main resource of any organization.They are blessed with such remarkable characteristics as creative mind, critical thinking skill, and the capacity to propel collectively.It's just a question of dealing with, assessing, and motivating them.This must be managed by consistently evaluating their outcomes. The deliberate, successive, and unprejudiced assessment of an employee's greatness in issues connecting with his current job and his possibilities for a superior job is known as performance appraisal.Toward the beginning of the performance appraisal process, the undertaking, needs, and expected performance principles for employees are laid out.These are then utilized as criticism and performance assessment strategies.Banking sector in India with its fast development in the quantity of branches and the new capabilities allocated to them have begun feeling tension on their organizational capacities. The different important factors contributing towards the adequacy of an organization and featuring the organizations capacity are the cycles of recruitment, placement, preparing, advancement and appraisal. Appraisal is one of the significant factors of organizational capacity, hence author has chosen this particular topic to reveal an outline on the importance of Employee Assessment in the Banking Sectors of India. It is based on both theoretical and analytical based study

show abstract

Saving Practices and Economic Performance: A Zimbabwean Case 1980–2015

Cited by 3 publications

References 6 publications

The Regulation and Inequality Nexus in Microfinance and Tourism Sectors

The Regulation and Inequality Nexus in Microfinance and Tourism Sectors

Do microfinance banks’ activities affect Nigeria’s economic development?

A Study on Importance of Employee Assessment in Indian Banking Sector

Contact Info

Product

Resources

About