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African Indigenous Financial Institutions

The Case of Congo and Liberia

Authors: Smith-Omomo, Julia

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  • The research indicates thorough demand for financial services in African countries
  • Sheds a light on the missing question of post-conflict microfinance efficiency
  • Illuminates some of the problems faced by microfinance users in insecure environments
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eBook $59.99
price for USA in USD (gross)
  • ISBN 978-3-319-98011-9
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $79.99
price for USA in USD
  • ISBN 978-3-319-98010-2
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $79.99
price for USA in USD
  • ISBN 978-3-030-07438-8
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

This book examines engagements with financial services in contexts of conflict. Using Liberia and the Democratic Republic of the Congo as case studies, it explores informal financial and business strategies and how these shift during conflict. Through a combination of regression analyses and panel data modeling with fixed effects, the project research indicates that conflict has a stronger effect on the nature of demand for credit and savings services than it has on the actual performance of financial institutions. In examining these patterns, the importance of networks and family becomes increasingly important—not just in the ways they are important to us as individuals, but as important determinants of post-war outcomes.

                                                                                            


                                               

About the authors

Julia Smith-Omomo is an independent researcher in Washington DC, USA. Previously, she was Field Operations Director for Mavuno, an agricultural development NGO in the DRC. She has also been a subcontractor for the United States Department of Agriculture, a visiting student researcher at Princeton University, and a program officer with the International Organization for Migration’s Mission in Iraq.

Reviews

“In this creative study, Julia Smith-Omomo reaches important conclusions… [the author] recommends helping link institutions to formal finance networks and strengthening their financial management practices. Read this book for its careful documentation, its thoughtful judgments, and its passion to bring about change.” (Ashoka Mody, Charles and Marie Robertson Visiting Professor in International Economic Policy, Princeton University, USA and Author of EuroTragedy, a Drama in Nine Acts)

“African Indigenous Financial Institutions is an important and timely book, revisiting and updating our understanding of the connections between economics, conflict and human behaviour.  It is a tome representing years of independent and exceptionally brave research, and bringing new and unique insights to the field.” (Alexandra Lewis, Lecturer in Education, Conflict and International Development, University College London, UK)

Table of contents (10 chapters)

Table of contents (10 chapters)

Buy this book

eBook $59.99
price for USA in USD (gross)
  • ISBN 978-3-319-98011-9
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $79.99
price for USA in USD
  • ISBN 978-3-319-98010-2
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $79.99
price for USA in USD
  • ISBN 978-3-030-07438-8
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
African Indigenous Financial Institutions
Book Subtitle
The Case of Congo and Liberia
Authors
Copyright
2019
Publisher
Palgrave Macmillan
Copyright Holder
The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG
eBook ISBN
978-3-319-98011-9
DOI
10.1007/978-3-319-98011-9
Hardcover ISBN
978-3-319-98010-2
Softcover ISBN
978-3-030-07438-8
Edition Number
1
Number of Pages
XI, 182
Number of Illustrations
6 b/w illustrations
Topics