The financial infrastructure and agricultural development in Tanzania
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Date
1988
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Sokoine University of Agriculture
Abstract
In any economy there is a sector which portrays the highest
potential
for the contribution to economic growth.
In Tanzania,
like in many non-oil producing African countries the agricultural
sector is the most important.
Development efforts in such an economy
have to pay due weight to such a sector.
This study looks on to
the roles and contributions of a financial infrastructure to agricultĀ
ure development in Tanzania.
The study has five chapters.
Chapter 1 is an introductory one and
gives the background of the economy and justifies the study.
Chapter
two establishes the basis of evaluation by reviewing and presenting
the roles of the financial infrastructure.
are evaluationary ones.
Chapters three and four
Whereas chapter three looks into the
structure and set up of the financial system, the philosophical
basis of establishment, objectives and roles of the financial institĀ
utions, chapter four evaluates the achievements of this system in
fulfiling four identified
roles of a financial infrastructure;
establishing a medium of exchange, mobilization of savings, issuing
credit and acting as a tool of economic stabilization.
There is evidence of a deliberate effort by the financial system
to assist the agriculture sector.
The philosophical basis of
establishment of institutions, roles and provisions at the Central
Bank portray the importance accorded to Agriculture.
The weaknesses and low performance of financial institutions in
assisting agriculture are attributed to the low level of financial widening and deepening - widening in terms of branch network and
deepening in terms of serving more clients.
Poverty, unwillingness
and resistance by the rural populace are rejected as the reasons
for failure in savings mobilization or use of credit.
Stable developmental strategies are called upon for harmonious
functioning of the financial system.
Description
Thesis
Keywords
Financial infrastructure, Agricultural development, Economic growth, Agriculture sector, Tanzania