This article studies why people join Roscas. Both economic and social motivations are taken into account. Theoretical hypotheses about why people join are tested empirically against the results of a field study in Eastern Uganda. It is found that the Roscas in the sample are economically rational in the context of an inadequate formal financial sector. It is also found that their social value plays an important part both in the efficiency of Roscas and in the motivation of their members. The strength of Roscas seems to lie in the combination of economic rationality and social value. The two are interdependent and reinforce each other.

(2009). ROSCAs in Uganda: beyond economic rationality? [journal article - articolo]. In SAVINGS AND DEVELOPMENT. Retrieved from http://hdl.handle.net/10446/27450

ROSCAs in Uganda: beyond economic rationality?

2009-01-01

Abstract

This article studies why people join Roscas. Both economic and social motivations are taken into account. Theoretical hypotheses about why people join are tested empirically against the results of a field study in Eastern Uganda. It is found that the Roscas in the sample are economically rational in the context of an inadequate formal financial sector. It is also found that their social value plays an important part both in the efficiency of Roscas and in the motivation of their members. The strength of Roscas seems to lie in the combination of economic rationality and social value. The two are interdependent and reinforce each other.
articolo
2009
Cet article examine les motivations à participer à des associations d’épargne et de crédit rotatif (AECR), ou tontines. La confrontation d’hypothèses économiques et sociales aux résultats empiriques d’une enquête de terrain en Ouganda montre que, en présence d’un secteur financier formel peu développé, les tontines de notre échantillon sont économiquement rationnelles. Il apparaît également que la plus-value sociale joue un rôle important dans l’efficacité des tontines et dans la motivation de leurs membres. L’intérêt des tontines semble résider dans la combinaison de la rationalité économique et de la plus-value sociale. Les deux sont positivement corrélées.
Peterlechner, Lisa
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/10446/27450
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