the rich to the detriment of the poor. The use of financial and investment dimensions previously missing in the literature …

Hitherto very few studies on the inequality-finance(investment) nexus have focused on the African continent owing to … lack of relevant data. This paper integrates previously missing investment and financial components in the assessment of … how finance affects pro-poor investment channels. Findings reveal, but for the case of foreign investment, financial …

private investment: contrary to mainstream consensus where-in, English common-law countries are better at championing private …

intermediary channels of depth, efficiency, activity and size. Findings show that legal origin matters in the finance-investment … nexus; though its ability to explain aggregate investment dynamics only through financial intermediary channels is limited …

infrastructures (investment and maintenance costs), linking the expenditure with traffic flows. The analysis concerns rail and road … how the planning of the investment expenditure is still based on different criteria than efficiency. So, the foreseen …

projects in Italy: the exploitation of road demand rigidity and the spreading of the investment over the entire network …, favouring larger concessions. We conclude that all these three mechanisms present deep flaws in terms of transparency and of … contradiction with economic feasibility criteria (that have to dominate the public investment rationale). …