Savings in the Absence of Functioning Property Rights

Nick Silver (Institute of Economic Affairs), Emmanuel Acquah (Kwame Nkrumah University), Oskari Juurikkala (University of Helsinki), Savings in the Absence of Functioning Property Rights, Inst. Econ. Aff. Monographs (forthcoming) (2006):

In the thirteenth IEA Discussion Paper, authors Nick Silver, Emmanuel Acquaah and Oskari Juurikkala examine saving in Nigeria – a prime example of a developing country with ill-defined property rights. Despite institutional deficiencies, Nigerians still manage to save, mostly through traditional and informal means that are facilitated by familial and communal bonds.