“Chamas” in Kenya (aka self-help groups) – a Schumpeterian dead end?
Looking at some facts, I am inclined to say no: There are currently an estimated 300,000 groups, which collectively hold a combined asset base of at least Ksh300-billion. Popularly known as chamas by...
View ArticleInstitutional stickiness and the New Development Economics
This 2008 paper by GMU’s Peter Boettke, Chris Coyne and Peter Leeson (pdf) is one of my all-time favorite studies on institutions, path dependence and economic development. If you think that the title...
View ArticleGreat readings on chamas (AKA self-help groups) in Kenya
Let me point out two errors in the title of this post. First, the plural of chama in Swahili is ‘vyama’, not ‘chamas’ like English speakers say. Second, the term self-help group is a...
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