The Savings project was formally presented to the public at the MISTRA launch in March of 2011. As project leader Professor Nicola Viegi articulated in his presentation at the launch, the project addresses the conditions that allow a nation to look ahead to the future, and the instruments that help it do so. The subject of savings thus forms part of the process of nation formation and social cohesion because its key function - internally funded economic growth – is what contributes to the development of a more equal and prosperous society. South Africa’s present culture of non-saving must be seen as a critical obstacle to the country’s development, and the reasons underpinning this impediment to growth need to be scrutinised. In line with MISTRA’s objectives of spearheading new thinking, the Savings project thus seeks to contribute towards a better understanding of economic, social and institutional factors that contribute to the low saving rate South Africa is experiencing.
OBJECTIVE OF COLLOQUIUM
The Colloquium provided an opportunity to examine the work done by the research team over a period of 18 months. It offered an opportunity to engage in a critical way with the theoretical and methodological outcomes of the research process.
Presenters: Professor Nicola Viegi (University of Pretoria)
Dr Shakill Hassan (SA Reserve Bank)
Dr Albert Touna Mama (University of Cape Town)
Nicola Viegi introductory remarks.pdf