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This paper investigates the relative importance of microfinance institutions (MFIs) at both the macro (financial development, economic growth, income inequality, and poverty) and micro levels (efficiency of traditional commercial banks). We observe a significant impact on most of the fronts....
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reveals that only a handful of indicators robustly matter and finance plays a key role. It reports that while financial depth … increases wealth inequality, efficiency and access to finance reduce inequality. In addition, redistribution and education are …
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reveals that only a handful of indicators robustly matter and finance plays a key role. It reports that while financial depth … increases wealth inequality, efficiency and access to finance reduce inequality. In addition, redistribution and education are …
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