Financial Development and Poverty Reduction in Developing Countries.
Empirical investigation of the link between financial development and economic growth has established that finance exerts a significant and positive influence on growth. This paper extends this line of analysis by examining the contribution that financial development makes to poverty reduction in low-income countries. The results reported support the contention that financial sector development policy can contribute to achieving the goal of poverty reduction in developing countries. Copyright @ 2002 by John Wiley & Sons, Ltd. All rights reserved.
Year of publication: |
2002
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Authors: | Jalilian, Hossein ; Kirkpatrick, Colin |
Published in: |
International Journal of Finance & Economics. - John Wiley & Sons, Ltd.. - Vol. 7.2002, 2, p. 97-108
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Publisher: |
John Wiley & Sons, Ltd. |
Saved in:
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