Az önszerveződő csoportok szerepe az ugandai pénzügyi rendszerben

László Vasa; Imre Vida

doi:10.15170/AT.2020.14.3-4.1

Authors

László Vasa Széchenyi István University
Imre Vida Szent István University’s Doctoral School of Management and Business Administration Sciences

DOI:

https://doi.org/10.15170/AT.2020.14.3-4.1

Abstract

Groups organized on the basis of voluntary cooperation play a significant role in the financial systems of sub-Saharan African countries. Following the success of the cooperative movement and the Grameen model, self-organized microfinance organizations have spread across the continent. In our study, we examine the role of self-organizing groups through the Ugandan example. According to a survey by the Central Bank of Uganda, there were about 1,000 active savings and credit unions and more than 70,000 financial self-help groups in the country in 2018. Although savings and credit cooperative organizations are sometimes influenced by the politics, they still play a significant role in poverty reduction.

Author Biographies

László Vasa, Széchenyi István University

László Vasa is the senior researcher and chief advisor of the Institute for Foreign Affairs (Hungary) and research professor of the Széchenyi István University; visiting professor of Kazakh and Japanese universities, acting editor-in-chief of the Külügyi Szemle (Foreign Policy Review).

Imre Vida, Szent István University’s Doctoral School of Management and Business Administration Sciences

Imre Vida graduated as economist at Szent István University, School of Economics and Social Sciences. He is currently doctoral student of Szent István University’s Doctoral School of Management and Business Administration Sciences, having great expertise in the analysis of international, especially African financial markets. He wrote a book on the factors of financial success in 2010.