Capital markets facilitate capital growth by mobilizing savings and converting them into investments, and they are … therefore a stimulant of economic growth. There is evidence that countries with high savings rates tend to grow faster. Although … to incentivize investments; developing and implementing focused policies to support the growth of micro, small and medium …

This paper confirms recent evidence of a positive impact of aid on growth and widens the scope of evaluation to a range … of outcomes including proximate sources of growth (e.g., physical and human capital), indicators of social welfare (e … coherent and favorable pattern of results emerges. Aid has over the past forty years stimulated growth, promoted structural …

The savings-growth nexus is widely acknowledged, both in policy and in the literature. But Kenya's numerous policy … growth; providing sustained financial development with a focus on savings mobilization; creating an enabling environment for … initiatives to encourage savings mobilization are yet to yield the expected outcomes. This paper identifies the key drivers of …

inequality, focusing on the very top-the top 1, 0.1, and 0.01 per cent of the income distribution. The focus on the extreme top … the very top of the distribution. …

poverty, as opposed to growth alone. The contribution of a sector to poverty reduction is shown to depend on its own growth … performance, its indirect impact on growth in other sectors, the extent to which poor people participate in the sector, and the …-agriculture has the edge. These results are driven by the much larger participation of poorer households in growth from agriculture …