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Savings and economic growth: A historical analysis of the relationship between savings and economic growth in the Cape Colony economy, 1850 – 1909

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  • Grietjie Verhoef
  • John W. M. Mwamba
  • Lorraine Greyling

Abstract

The sub-optimal savings propensity in South Africa the past three decades causes concern for the ability of the country to support its economic development. An historical analysis of the development of the savings’ trends in South Africa may assist in understanding the historical roots of the phenomenon. Apart from general descriptions of the nature of […]

Suggested Citation

  • Grietjie Verhoef & John W. M. Mwamba & Lorraine Greyling, 2014. "Savings and economic growth: A historical analysis of the relationship between savings and economic growth in the Cape Colony economy, 1850 – 1909," Working Papers 408, Economic Research Southern Africa.
    • Handle: RePEc:rza:wpaper:408
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    Cited by:

    1. Segun Thompson Bolarinwa & Olufemi B. Obembe, 2017. "Empirical Analysis of the Nexus between Saving and Economic Growth in Selected African Countries (1981–2014)," Journal of Development Policy and Practice, , vol. 2(1), pages 110-129, January.
    2. Abel Gwaindepi, 2019. "Serving God and Mammon: the ‘minerals-railway complex’ and its effects on colonial public finances in the British Cape Colony, 1810-1910," Working Papers 07/2019, Stellenbosch University, Department of Economics.

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    More about this item

    Keywords

    Colonial history; Economic crisis; economic growth; Economic History; Financial Markets; Other Macroeconomic Variables;
    All these keywords.

    JEL classification:

    • N27 - Economic History - - Financial Markets and Institutions - - - Africa; Oceania

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