Financial Development Inequality and Poverty is popular PDF and ePub book, written by Mr.Sami Ben Naceur in 2016-02-19, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Financial Development Inequality and Poverty can be Read Online from any device for your convenience.
Financial Development Inequality and Poverty Book PDF Summary
This paper provides evidence on the link between financial development and income distribution. Several dimensions of financial development are considered: financial access, efficiency, stability, and liberalization. Each aspect is represented by two indicators: one related to financial institutions, and the other to financial markets. Using a sample of 143 countries from 1961 to 2011, the paper finds that four of the five dimensions of financial development can significantly reduce income inequality and poverty, except financial liberalization, which tends to exacerbate them. Also, banking sector development tends to provide a more significant impact on changing income distribution than stock market development. Together, these findings are consistent with the view that macroeconomic stability and reforms that strengthen creditor rights, contract enforcement, and financial institution regulation are needed to ensure that financial development and liberalization fully support the reduction of poverty and income equality.
Detail Book of Financial Development Inequality and Poverty PDF
- Author : Mr.Sami Ben Naceur
- Release : 19 February 2016
- Publisher : International Monetary Fund
- ISBN : 9781498359658
- Genre : Business & Economics
- Total Page : 28 pages
- Language : English
- PDF File Size : 9,6 Mb
If you're still pondering over how to secure a PDF or EPUB version of the book Financial Development Inequality and Poverty by Mr.Sami Ben Naceur, don't worry! All you have to do is click the 'Get Book' buttons below to kick off your Download or Read Online journey. Just a friendly reminder: we don't upload or host the files ourselves.