Please use this identifier to cite or link to this item:
Nhan đề: Social capital, network effects and savings in rural Vietnam
Tác giả: Newman, Carol
Tarp, Finn
Broeck, Katleen Van Den
Từ khoá: Household savings
Information failure
Social capital
Women's Union
Năm xuất bản: Mar-2014
Tùng thư/Số báo cáo: WIDER Working Paper 39/2012;Volume 60, Issue 1, Page 79–99
Tóm tắt: Information failures are a major barrier to formal financial saving in low-income countries. We explore the extent to which social capital in rural Vietnam plays a role in increasing formal savings where knowledge gaps exist. Social capital is defined as information sharing and the elimination of information asymmetries through active participation in the Women's Union. We consider high- and low-quality networks in terms of the quality of information transmitted. We find that membership of high-quality networks leads to higher levels of saving in formal financial institutions and saving for productive investments. Our results support a role for social capital in facilitating savings and suggest that transmitting financial information through the branches of the Women's Union could be effective in increasing formal savings at grassroots level. We also conclude that it is important to ensure that the information disseminated is accurate given that behavioral effects are also found in networks with low-quality information.
Định danh:
Appears in Collections:Labor and social protection

Files in This Item:
File Description SizeFormat 
Social Capital, Network Effects and Savings in Rural Vietnam .pdf190,57 kB  Download

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.