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The employment of financial development indicators without due consideration to country/regional specific financial development realities remains an issue of substantial policy relevance. Financial depth in the perspective of money supply is not equal to liquid liabilities in every development...
Persistent link: https://www.econbiz.de/10011109487
In the first empirical study on how financial reforms have been instrumental in mitigating inequality through financial sector competition, we contribute at the same time to the macroeconomic literature on measuring financial development and respond to the growing field of economic development...
Persistent link: https://www.econbiz.de/10011114317
An attempt has been made in this paper to examine the impact of international remittances on poverty and income …, between 1980 and 2009, were sampled for the poverty analysis whilst a sample size of 36 was used in the remittances … that remittances have significant poverty-alleviating effect, with the poorest of the poor being the least beneficiaries …
Persistent link: https://www.econbiz.de/10009652931
Pakistan has been experiencing robust economic growth for the past few years. The macroeconomic position as exhibited … remains; will Pakistan be able to sustain these growth levels? Preserving the momentum becomes difficult when growth is … national level and has deeper sociological consequences as well. Pakistan being a small open economy has limited or no control …
Persistent link: https://www.econbiz.de/10005620073
2001, Pakistan has benefited from, an increase in the inflow of remittances, foreign assistance from bilateral and …This paper studies the welfare impact of changes in the external balance of a developing economy (Pakistan). We explain … achieved during the past seven years in reducing the poverty levels. We study using a CGE-microsimulation model the effects of …
Persistent link: https://www.econbiz.de/10005620166
This research demonstrates that international financial integration changes the way in which financial development affects inequality within a country. Specifically, both the cross-country analysis and the dynamic panel data analysis using data collected from more than 100 countries provide...
Persistent link: https://www.econbiz.de/10009386709
The purpose of this study is to examine the impact of financial and economic development on cross-country income inequality using a panel data set from 50 low-income developing counties over a long period 1970-2008. The results show that financial development helps in reducing inequalities,...
Persistent link: https://www.econbiz.de/10011112910
This study examines the relationship among OFW remittances, inequality and quality of life in the Philippines. The … among the variables. Over the years, Human Development Index (HDI) as a measure of quality of life and remittances showed a … generally increasing trend while the case is opposite for the level of inequality. Remittances and HDI has an average growth …
Persistent link: https://www.econbiz.de/10011108172
us to show that if some poor families receive remittances and social culture affects the composition of their consumption … real hierarchical social position. This finding may explain why remittances are more allocated to consumption rather to the …
Persistent link: https://www.econbiz.de/10011109553
investment, remittances and manufacturing valued added are found to have positives and significant impact on growth in Pakistan …The study is an attempt to explore the impact of inflation and income inequality in Pakistan. The study also analyzes … the effect of foreign direct investment, workers’ remittances and manufacturing value added on growth. Annual time series …
Persistent link: https://www.econbiz.de/10011261152