Does Interest Rate Really Stimulate Savings in Nigeria?

Autor: Babalola Abdurrauf, Abdul Abiodun Ibrahim
Jazyk: angličtina
Rok vydání: 2022
Předmět:
Zdroj: Folia Oeconomica Stetinensia, Vol 22, Iss 2, Pp 18-37 (2022)
Druh dokumentu: article
ISSN: 1898-0198
DOI: 10.2478/foli-2022-0017
Popis: Research background: Interest rate as a stimulus to savings has been discussed by many scholars while ancient scholars kicked against the collection of usury (interest). Developing countries like Nigeria may not be stimulated with the rate of interest because of its insignificant level, which is presently causing financial exclusion against the opponents of interest.
Databáze: Directory of Open Access Journals