This study complements existing literature by investigating how investment-driven finance affects inequality in Africa …-2002). Inequality is measured with estimated household income inequality whereas financial development is proxied with financial depth …

Hitherto very few studies on the inequality-finance(investment) nexus have focused on the African continent owing to …

This paper examines how domestic, foreign, private and public investments affect income-inequality through financial … the poor as they diminish estimated household income-inequality. Financial size does not have a significant income … in the literature provide new insights into the finance-inequality nexus. Policy implications are discussed. …

The study assesses the role of financial development on income inequality in a panel of 48 African countries for the …, three indicators of inequality are used, namely, the: Gini coefficient, Atkinson index and Palma ratio. The empirical … hypothesis: a humped shaped nexus between increasing GDP per capita and inequality. Policy implications are discussed. …

Strategies based on growth and inequality reduction require a long-run horizon, and this paper therefore argues that …

which freedoms channels are poverty and inequality mitigated? With the instrumentality of formal institutions: (1) de jure …) political liberalization has a disequalizing effect and; (3) economic freedom has a positive (negative) effect on inequality … some channels of globalization on poverty (and inequality), formal institutions have the capacity to device policies that …