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Contractual savings and the mobilization of resources : the role of contractual savings institutions - a preliminary survey (anglais)

The role of contractual savings in mobilizing resources and affecting the development process is analyzed. The use of the reserves of contractual savings institutions should be based on three principles: genuine security; optimum yield; and contribution to economic development. These criteria may not always be mutually compatible. It is sometimes assumed that if savings are lent to the State, they will be automatically channelled for development and...
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