possibility of reducing inequality and poverty through equity market liberalization. -- income inequality ; equity market …

inequality and poverty in emerging countries. Using dynamic panel data methods with an updated dataset for the period 1987 …–2011, we assess the finance–inequality–poverty nexus by taking the separate and simultaneous impacts of banks and stock markets … growth, this does not necessarily benefit those on low-incomes in emerging countries. For the finance–poverty link, we find …

outcomes. It finds that while poverty has fallen across the region over the last two decades, inequality has increased …, dampening the impact of growth on poverty reduction. As a result, relative to other emerging and developing regions and to Asia …