Download the fantastic book titled Financial Development Inequality and Poverty written by Mr.Sami Ben Naceur, available in its entirety in both PDF and EPUB formats for online reading. This page includes a concise summary, a preview of the book cover, and detailed information about "Financial Development Inequality and Poverty", which was released on 19 February 2016. We suggest perusing the summary before initiating your download. This book is a top selection for enthusiasts of the Business & Economics genre.
Summary of Financial Development Inequality and Poverty by Mr.Sami Ben Naceur PDF
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 About Financial Development Inequality and Poverty PDF
- Author : Mr.Sami Ben Naceur
- Publisher : International Monetary Fund
- Genre : Business & Economics
- Total Pages : 28 pages
- ISBN : 1498359655
- Release Date : 19 February 2016
- PDF File Size : 45,7 Mb
- Language : English
- Rating : 4/5 from 21 reviews
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