Savings and Accumulation Strategies of Urban Market Women in Harare, Zimbabwe

27 Pages Posted: 9 Jun 2008

See all articles by Emily Chamlee-Wright

Emily Chamlee-Wright

Beloit College - Department of Economics and Management

Abstract

The literature on female entrepreneurship inWest Africa is vast and still growing. Historical accounts of precolonial West Africa indicate that women played a critical role in the development of market trading in the region, particularly in local and near-distant markets. The literature on Ghanaian market women, in particular, portrays urban traders as forming a robust entrepreneurial class. Traders in Southern Ghana have developed elaborate systems of accumulating capital, and they have used their matrilineal kinship ties to secure long-lasting economic relationships that enable them to develop their businesses, withstand economic hardship more effectively, and plan for exit and retirement from the market. The picture presented of Ghanaian culture is one in which women, though subordinate to men, are still supported as entrepreneurs.

Keywords: female entrepreneurship, Zimbabwean market, Ghanaian market, savings, flow of capital

JEL Classification: M13, D1, D2, D60, 012

Suggested Citation

Chamlee-Wright, Emily, Savings and Accumulation Strategies of Urban Market Women in Harare, Zimbabwe. Economics Development and Cultural Change, Vol. 50, No. 4, pp. 979-1005 , July 2002, Available at SSRN: https://ssrn.com/abstract=1142550

Emily Chamlee-Wright (Contact Author)

Beloit College - Department of Economics and Management ( email )

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