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Studies on the link between financial development and poverty have been inconclusive. Some claim that deeper financial … connected. The literature has also been ambiguous about the channels through which finance may be associated with lower poverty … that financial deepening is associated with lower poverty through different channels depending on the strength of property …
Persistent link: https://www.econbiz.de/10012970072
This paper investigates the African financial development and financial inclusion gaps relative to other peer developing countries. The paper uses a set of variables related to financial development and inclusion. It first estimates the gaps between African countries and other developing...
Persistent link: https://www.econbiz.de/10012972790
This paper uses World Bank survey data, including about 10,000 households in five countries -- Burkina Faso, Kenya, Nigeria, Senegal, and Uganda -- to investigate the link between international remittances and households' financial inclusion in Sub-Saharan Africa. The paper finds that receiving...
Persistent link: https://www.econbiz.de/10012972933
The climate change challenge and the growth of the Islamic finance industry, together with the increase in socially responsible investing, could position green sukuk as a key instrument for financing clean energy and resilient infrastructure projects as well as shorter-term energy efficiency...
Persistent link: https://www.econbiz.de/10012906400
The adoption of the shared prosperity goal by the World Bank in 2013 and Sustainable Development Goal 10, on inequality, by the United Nations in 2015 should strengthen the focus of development interventions and cooperation on the income growth of the bottom 40 percent of the income distribution...
Persistent link: https://www.econbiz.de/10012943104
households living in extreme poverty -- Burkina Faso, Senegal, and Rwanda. Consistent with the theoretical model, the results …
Persistent link: https://www.econbiz.de/10012865473
trends scenario. Finally, rebalancing reduces the prevalence of poverty in Sub-Saharan Africa compared with the isolated … negative effects of China's slowdown, which slightly increase the incidence of poverty. Overall, China's slowdown and … poverty, but the extent of this varies by country …
Persistent link: https://www.econbiz.de/10012969296
This paper is motivated by two stylized facts about poverty in Africa: female-headed households tend to be poorer, and … poverty has been falling in the aggregate since the 1990s. These facts raise two questions: How have female-headed households … fared? And what role have they played in Africa's impressive recent aggregate growth and poverty reduction? Using data …
Persistent link: https://www.econbiz.de/10012971528
countries as a whole have had pro-poor growth. One-third of the poor population escaped poverty during the studied period, which … is larger than the proportion of the population that fell into poverty in the same period. The region also saw a 9 … percent reduction in poverty and a 28 percent increase in the size of the middle class. However, chronic poverty remains high …
Persistent link: https://www.econbiz.de/10014121755
This paper uses data from the National Financial Inclusion Survey 2018 to understand the determinants of financial inclusion in Sri Lanka and their significance for inclusive growth. The findings highlight that gender, education, and formal employment are important determinants of financial...
Persistent link: https://www.econbiz.de/10012837586