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This paper attempts to investigate the causal linkages between financial development, financial instability and poverty in Pakistan in the presence of structural changes. In addition to conventional finance growth relationship, this study presents empirical evidence whether credit expansion...
Persistent link: https://www.econbiz.de/10013043109
This paper examines the effects of financial development on income inequality and poverty. The results of both cross …-country and panel data regressions suggest that inequality and poverty are reduced not only through enhanced loan markets, but … robust determinants of both income inequality and poverty. Finally, we find evidence that government spending leads to a …
Persistent link: https://www.econbiz.de/10008748148
Qatar and Dubai have established financial centres which have been based upon the common law jurisdiction of England and Wales because of the advantages such a system can give to the development of their respective financial services industries. The Qatar Financial Centre (QFC) and the Dubai...
Persistent link: https://www.econbiz.de/10012982007
Persistent link: https://www.econbiz.de/10003783781
, social and cultural functions of economic structures, coastal regions and port cities have developed. Their high degree of … which way coastal regions, port cities, branches and enterprises of the maritime economy are developing under the conditions …
Persistent link: https://www.econbiz.de/10010497866
Persistent link: https://www.econbiz.de/10012024002
stronger in countries with sophisticated public education systems, low levels of income inequality, as well as low fertility …
Persistent link: https://www.econbiz.de/10011391918
To clarify the causal links between financial activity and economic growth, three theoretical models are analyzed and a structural equation path models is estimated. In the modeling part, poverty traps result from large fixed costs or high proportions of real investment to run a financial...
Persistent link: https://www.econbiz.de/10010506650
This paper examines the mainstream theories of "financial sustainability" and "financial development". It is suggested understanding "financial development" as the complex dynamic characteristics of the financial sector, which is formed under the influence of financial and economic policy...
Persistent link: https://www.econbiz.de/10012302049