Social Capital, Network Effects and Savings in Rural Vietnam
Carol Newman,
Finn Tarp and
Katleen van den Broeck
No wp-2012-039, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)
Abstract:
Information failures are a major barrier to formal financial saving in low income countries. Households in rural communities often lack the information necessary to set up formal deposit accounts or are uncertain about the returns to saving formally. In this paper, we explore the extent to which social networks in rural Vietnam can play a role in increasing formal savings where knowledge gaps exist. Networks are defined as active membership of women's unions and the quality of networks is measured by the level of formal savings observed among group members.
Keywords: Business networks; Financial institutions; Households; Saving and investment; Women (search for similar items in EconPapers)
Date: 2012
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Journal Article: Social Capital, Network Effects, and Savings in Rural Vietnam (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:wp-2012-039
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