Crise des institutions de placement illégal d'argent au Bénin: origine et manifestations

Jude Eggoh () and Denis H. Acclassato

Revue Tiers-Monde, 2013, vol. n° 216, issue 4, 191-204

Abstract: This paper presents the general mechanisms of the Ponzi game, by highlighting striking experiences in developed and developing countries. Moreover, we focus on the case of Benin which was recently hit by the crisis of illegal investment institutions. Based on the foundations of the Ponzi scheme, the article analyzes the factors behind the recent crisis, its consequences and the efficiency of the proposed solutions. Recommendations of economic policy are proposed in order to avoid such financial plans.

Keywords: Financial crisis; Ponzi game; Benin (search for similar items in EconPapers)
Date: 2013
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