Regulating the Financial Sector: The Case of Susu in Ghana - Couverture souple

Anku-Tsede, Olivia

Couverture souple

ISBN 10 : 3659410896 ISBN 13 : 9783659410895

Editeur : LAP Lambert Academic Publishing, 2013

Synopsis

This work examined the institutional framework of susu, as well as whether or not formal prudential regulation should be extended to susu in Ghana. Susu is an informal savings mechanism where individual collectors pick up daily deposits from savers and return the accumulated savings, minus a day’s deposit, as fees upon the expiration of the agreed savings period. The study employed qualitative methods at all phases of the research process. The study population comprised of informal and formal financial sector participants. Unstructured interviews and non-participant observation was used to collect information from two different economic groups in the informal sector in Greater Accra, Central and Eastern Regions of Ghana. Semi structured, face-to-face interviews was also used to obtain information from the formal sector, composed of judges, lawyers, court officials and Central Bank officials in Accra. There appeared to be no economic or other compelling reason justifying the extension of formal regulation of a prudential nature to susu. It is recommended that consumer protection measures combined with informal rules be adopted to protect savers interests and regulate susu.

A propos du livre

À propos de l'auteur

Dr. Olivia Anku-Tsede holds a PhD Degree from the University of Manchester. Olivia is a Notary Public and an Investment & Corporate Lawyer. She is currently a Lecturer at the University of Ghana Business School.

Détails de l'édition

• Éditeur: LAP Lambert Academic Publishing
• Date d'édition: 2013
• Langue: anglais
• ISBN 10: 3659410896
• ISBN 13: 9783659410895
• Reliure: Broché
• Nombre de pages: 368
• Coordonnées du fabricant: non disponible
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