Abstract
Gelişmekte olan ülkelerde ve geçiş ekonomilerinde resmi kredi alma imkanlarının sınırlı olması ve faiz oranlarının yüksek olması gayri resmi finansın gelişmesine neden olmaktadır. Sözkonusu al-ternatif kaynakların biri de Döner Tasarruf ve Kredi Birlikleri (ROSCA: Rotating Savings And Credit Association)’dir. Bu çalışmada, Kırgızistan’da sık rastlanan ve gayri resmi finans çeşitlerinden biri olan “ROSCA” araştırılmıştır. Bu amaçla Kırgızistan’ın başkenti Bişkek şehrinde 440 anket yapılmıştır. Bunların 146’sı; ROSCA’ya katıldıklarını bildirmişlerdir.
Araştırmanın sonuçları katılımcıların %37’si tasarruflarını arttırmak, %40’ı faizsiz kredi elde et-mek ve diğer kısmı da beyaz eşya veya mobiliya gibi mallara olan ihtiyacını karşılamak amacıyla katıldıklarını belirtmişlerdir. Logit modelinin sonuçları ise evlilerin bu birliklere daha çok katıldıklarını, katılımcıların kişiler ROSCA’ya sosyal ve ekonomik nedenlerle katıldıklarını göstermiştir. Kırgızistan’da ROSCA’ya katılanların arasında cinsiyete, çalışma durumu ve eğitim se-viyesine göre istatistiksel anlamlı farkın olmadığı tespit edilmiştir.
Logit modelinin sonuçları ise, evlilerin ROSCA'ya daha fazla katıldığını ve temel katılım sebeb-inin ekonomik ve sosyal olduğunu göstermiştir. Sonuçlar Kırgızistan'da ROSCA’ya katılımda cinsiyet, istihdam durumu ve eğitim düzeyine göre istatistiksel olarak anlamlı fark olmadığı tespit edilmiştir.
Keywords
References
- Aliber, M. A. Study of the incidence and nature of chronic poverty and development policy in South Africa: an overview. – Chronic Poverty Research Centre Working Paper, 2001.
- Ambec, S. and Treich. T. Roscas as financial agreements to cope with self-control problems // Journal of Development Economics. – 2007. – No 82. – P. 120-37.
- Ardener, S. The Comparative Study of Rotating Credit Associations // Journal of the Royal Anthropological Institute of Great Britain and Ireland. – 1964. – No 94 (2). – P. 201-229.
- Arderner and Boutran. Money go Rounds. The Importance of Rotating Savings and Savings Credit Associations for women. – Berg, Washington D.C., 1995.
- Besley, T. & Coate, S. & Loury, G. The Economics of Rotating Savings and Credit Associa-tions // American Economic Review, American Economic Association. – 1993. – Vol. 83(4). Sep-tember. – P. 792-810.
- Besley, T.T. and Coate, S. Group Lending: Repayment Incentives and Social Collateral // Jour-nal of Development Economics. – 1995. – P. 46.
- Bouman, F. J. A. The ROSCA: Financial technology of informal savings and credit institutions in developing countries // Savings and Development. – 1979. – No 3 (4).
- Bouman, F. J. A. Rotating and accumulating savings and credit associations: A development perspective // World Development. – 1995. – No 23 (3). – P. 371-384.
- Brink, R. and Chavas, J. P. The Microeconomics of an Indigenous African Institution: The Rotating Savings and Credit Association // Economic Development and Cultural Change. – 1997. – Vol. 45 (4). – P. 745-772.
- Dagnelie, Olivier & Philippe LeMay-Boucher. ROSCA Participation in Benin: A Commit-ment Issue. CERT Discussion Papers 0708, Centre for Economic Reform and Transformation, Heriot Watt University, 2007.
- Geertz, C. The Rotating Credit Association: a Middle Rank in Development // Economic Development and Cultural Change. – 1962. – No 10 (3).
- Gugerty, M. K. You Can't Save Alone: Commitment in Rotating Savings and Credit Associ-ations in Kenya // Economic Development and Cultural Change. – University of Chicago Press, 2007. – Vol. 55 (2). January. – P. 251-282.
- Handa, S. ve Kirton, C. The Economics of Rotating Savings and Credit Associations: evi-dence from the Jamaican Partner // Journal of Development Economics. – 1999. – No 60. – P. 173-194.
- Loury, G. C. A dynamic theory of racial income differences. In Women, Minorities, and Employment Discrimination // ed. PA Wallace, AM La Mond, Lexington, MA: Heath, 1977. – P. 153-186.
- Mushuku, A. Revisiting Indigenous Knowledge Systems for Sustainable Management of Nat-ural Resources in Fast Track Resettlement Schemes. A Comparative Analysis of Indigenous Knowledge Systems Use in A1 Resettlement Schemes and Communal Areas in Chiredzi and Zaka Districts // Zimbabwe. Greener Journal of Social Sciences. – 2014. – No 4. – P. 024-036.
Abstract
This study is devoted to the analysis of "ROSCA" - one of the types of informal financing, which is quite widespread in Kyrgyzstan. In this study the purpose and reasons for participating in ROSCA analysed using the questionnaire from 440 respondents which conducted in Bishkek, the capital of Kyrgyzstan. 146 of them responded that they had participated in ROSCA. The results of the analysis showed that the respondents participate in credit and savings groups in order to increase their savings (37%), get an interest-free loan (40%), and strengthen relationships with relatives and friends.
The results of the logit model showed that married people are more involved in ROSCA and the main reason for participation is economic and social. The results showed that, in Kyrgyzstan, there does not exist any statistically significant difference between gender, employment status and level of education.
Keywords
References
- Aliber, M. A. Study of the incidence and nature of chronic poverty and development policy in South Africa: an overview. – Chronic Poverty Research Centre Working Paper, 2001.
- Ambec, S. and Treich. T. Roscas as financial agreements to cope with self-control problems // Journal of Development Economics. – 2007. – No 82. – P. 120-37.
- Ardener, S. The Comparative Study of Rotating Credit Associations // Journal of the Royal Anthropological Institute of Great Britain and Ireland. – 1964. – No 94 (2). – P. 201-229.
- Arderner and Boutran. Money go Rounds. The Importance of Rotating Savings and Savings Credit Associations for women. – Berg, Washington D.C., 1995.
- Besley, T. & Coate, S. & Loury, G. The Economics of Rotating Savings and Credit Associa-tions // American Economic Review, American Economic Association. – 1993. – Vol. 83(4). Sep-tember. – P. 792-810.
- Besley, T.T. and Coate, S. Group Lending: Repayment Incentives and Social Collateral // Jour-nal of Development Economics. – 1995. – P. 46.
- Bouman, F. J. A. The ROSCA: Financial technology of informal savings and credit institutions in developing countries // Savings and Development. – 1979. – No 3 (4).
- Bouman, F. J. A. Rotating and accumulating savings and credit associations: A development perspective // World Development. – 1995. – No 23 (3). – P. 371-384.
- Brink, R. and Chavas, J. P. The Microeconomics of an Indigenous African Institution: The Rotating Savings and Credit Association // Economic Development and Cultural Change. – 1997. – Vol. 45 (4). – P. 745-772.
- Dagnelie, Olivier & Philippe LeMay-Boucher. ROSCA Participation in Benin: A Commit-ment Issue. CERT Discussion Papers 0708, Centre for Economic Reform and Transformation, Heriot Watt University, 2007.
- Geertz, C. The Rotating Credit Association: a Middle Rank in Development // Economic Development and Cultural Change. – 1962. – No 10 (3).
- Gugerty, M. K. You Can't Save Alone: Commitment in Rotating Savings and Credit Associ-ations in Kenya // Economic Development and Cultural Change. – University of Chicago Press, 2007. – Vol. 55 (2). January. – P. 251-282.
- Handa, S. ve Kirton, C. The Economics of Rotating Savings and Credit Associations: evi-dence from the Jamaican Partner // Journal of Development Economics. – 1999. – No 60. – P. 173-194.
- Loury, G. C. A dynamic theory of racial income differences. In Women, Minorities, and Employment Discrimination // ed. PA Wallace, AM La Mond, Lexington, MA: Heath, 1977. – P. 153-186.
- Mushuku, A. Revisiting Indigenous Knowledge Systems for Sustainable Management of Nat-ural Resources in Fast Track Resettlement Schemes. A Comparative Analysis of Indigenous Knowledge Systems Use in A1 Resettlement Schemes and Communal Areas in Chiredzi and Zaka Districts // Zimbabwe. Greener Journal of Social Sciences. – 2014. – No 4. – P. 024-036.
НЕФОРМАЛЬНОЕ ФИНАНСИРОВАНИЕ В КЫРГЫЗСТАНЕ: НА ПРИМЕРЕ ПО-ОЧЕРЕДНЫХ СБЕРЕГАТЕЛЬНО-КРЕДИТНЫХ АССОЦИАЦИЙ (ROSCA)
Abstract
Данное исследование посвящено анализу сберегательно-кредитных групп «ROSCA» (чер-ная касса – один из видов неформального финансирования). Этот вид неформального финан-сирования широко распространен в Кыргызстане. Исследование основано на данных опроса, проведенного в городе Бишкеке, с охватом 440 человек, из которых 146 указали, что участво-вали в ROSCA. Результаты анализа показали, что участие респондентов в кредитно-сберега-тельных группах обусловлено следующими целями: увеличение сбережений (37%), получение беспроцентного кредита (40%), укрепление отношений с родственниками и друзьями.
Использовалась логит-модель, результаты которой показали, что семейные люди больше участвуют в ROSCA, в основном вследствие экономических и социальных причин. В Кыргыз-стане оказалась статистически незначимой зависимость от пола, статуса занятости и уровня образования.
References
- Aliber, M. A. Study of the incidence and nature of chronic poverty and development policy in South Africa: an overview. – Chronic Poverty Research Centre Working Paper, 2001.
- Ambec, S. and Treich. T. Roscas as financial agreements to cope with self-control problems // Journal of Development Economics. – 2007. – No 82. – P. 120-37.
- Ardener, S. The Comparative Study of Rotating Credit Associations // Journal of the Royal Anthropological Institute of Great Britain and Ireland. – 1964. – No 94 (2). – P. 201-229.
- Arderner and Boutran. Money go Rounds. The Importance of Rotating Savings and Savings Credit Associations for women. – Berg, Washington D.C., 1995.
- Besley, T. & Coate, S. & Loury, G. The Economics of Rotating Savings and Credit Associa-tions // American Economic Review, American Economic Association. – 1993. – Vol. 83(4). Sep-tember. – P. 792-810.
- Besley, T.T. and Coate, S. Group Lending: Repayment Incentives and Social Collateral // Jour-nal of Development Economics. – 1995. – P. 46.
- Bouman, F. J. A. The ROSCA: Financial technology of informal savings and credit institutions in developing countries // Savings and Development. – 1979. – No 3 (4).
- Bouman, F. J. A. Rotating and accumulating savings and credit associations: A development perspective // World Development. – 1995. – No 23 (3). – P. 371-384.
- Brink, R. and Chavas, J. P. The Microeconomics of an Indigenous African Institution: The Rotating Savings and Credit Association // Economic Development and Cultural Change. – 1997. – Vol. 45 (4). – P. 745-772.
- Dagnelie, Olivier & Philippe LeMay-Boucher. ROSCA Participation in Benin: A Commit-ment Issue. CERT Discussion Papers 0708, Centre for Economic Reform and Transformation, Heriot Watt University, 2007.
- Geertz, C. The Rotating Credit Association: a Middle Rank in Development // Economic Development and Cultural Change. – 1962. – No 10 (3).
- Gugerty, M. K. You Can't Save Alone: Commitment in Rotating Savings and Credit Associ-ations in Kenya // Economic Development and Cultural Change. – University of Chicago Press, 2007. – Vol. 55 (2). January. – P. 251-282.
- Handa, S. ve Kirton, C. The Economics of Rotating Savings and Credit Associations: evi-dence from the Jamaican Partner // Journal of Development Economics. – 1999. – No 60. – P. 173-194.
- Loury, G. C. A dynamic theory of racial income differences. In Women, Minorities, and Employment Discrimination // ed. PA Wallace, AM La Mond, Lexington, MA: Heath, 1977. – P. 153-186.
- Mushuku, A. Revisiting Indigenous Knowledge Systems for Sustainable Management of Nat-ural Resources in Fast Track Resettlement Schemes. A Comparative Analysis of Indigenous Knowledge Systems Use in A1 Resettlement Schemes and Communal Areas in Chiredzi and Zaka Districts // Zimbabwe. Greener Journal of Social Sciences. – 2014. – No 4. – P. 024-036.
Details
| Primary Language | Turkish |
|---|---|
| Subjects | Economics |
| Journal Section | Research Article |
| Authors | |
| Publication Date | May 31, 2021 |
| Submission Date | October 5, 2020 |
| Published in Issue | Year 2021 Issue: 89 |
