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We study how financial development affects economic development and wage inequality. We use a large expansion of government-owned banks into Brazilian cities with low bank branch coverage and combine it with data on the universe of employees from 2000-2014. We find that higher financial...
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Urbanization is the single most important transformation that the African continent will undergo this century. More … than half of Africa's population will live in its cities by 2040. In the face of rapid urbanization, there is a narrow … through the urbanization process and in some countries, a large number of people reside in rural areas. Rapid urbanization, if …
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opportunities to better manage Greater Kampala's urbanization. Section 3 addresses the business constraints which Kampala's formal …
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when urbanization is low and consequent pressure on the land keeps rural incomes low, making agents willing to incur high … risks of "underemployment" in the urban informal sector, and eventually falls after urbanization and consequently rural …
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