Abstract
M.Com. (Economics)
The objective of this study, as stated in the hypothesis, was to study the role played by the South African long-term insurance industry in the market for loanable funds. The collectivization of personal savings by the long-term insurance industry and the growth of the industry since the Second World War are factors of great importance for economic
growth in South Africa. The high priority given to employment, the specific characteristics of the country's natural resources, the infrastructural requirements and the socio-economic policy of the country make it essential to give every incentive to capital
formation and to use such capital as may be available in the most economic manner ...