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changes in consumption in Ghana in the 1990s. It is argued that household consumption can act as an opportunity measure of … averages of welfare change are presented. In Ghana is has been argued that poverty fell based on a consumption measure of …. Doing this for Ghana over the period of the 1990s reveals that while on average per capita consumption rose across all …
Persistent link: https://www.econbiz.de/10010605173
Ghana is relatively rare among Sub-Saharan African countries in having had sustained positive growth every year since …
Persistent link: https://www.econbiz.de/10010531063
Using available data on the distribution of HIV/AIDS prevalence across population groups for four sub-Saharan African countries and transposing this information to household income and expenditure surveys, we simulate the impact of HIV/AIDS on poverty and inequality. We find that the epidemic...
Persistent link: https://www.econbiz.de/10012767308
This paper examines how domestic, foreign, private and public investments affect income-inequality through financial intermediary dynamics. With the exception of financial allocation efficiency, financial channels of depth and activity are good for the poor as they diminish estimated household...
Persistent link: https://www.econbiz.de/10011390778
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...
Persistent link: https://www.econbiz.de/10011390779
Despite over three decades of Liberalisation policies in Africa, income-inequality has stayed persistently high. Using updated panel data of 26 African countries spanning the period 1996-2010, this study examines the effect of liberalisation policies with particular focus on financial, trade,...
Persistent link: https://www.econbiz.de/10011390816
Are formal institutions instrumental in the effect globalization mechanisms have on the human face? If so, through which freedoms channels are poverty and inequality mitigated? With the instrumentality of formal institutions: (1) de jure financial liberalization (KAOPEN) has a positive...
Persistent link: https://www.econbiz.de/10011390834
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/10011390836
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/10011390855
This study complements the inclusive growth literature by examining the determinants and consequences of the middle class in a continent where economic growth has been relatively high. The empirical evidence is based on a sample of 33 African countries for a 2010 cross-sectional study. OLS,...
Persistent link: https://www.econbiz.de/10011390886