Financial Development and Poverty Reduction : Can There Be a Benefit Without a Cost? /

This article investigates how financial development helps to reduce poverty directly through the McKinnon conduit effect and indirectly through economic growth. The results obtained with data for a sample of developing countries from 1966 through 2000 suggest that the poor benefit from the ability o...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Guillaumont Jeanneney, Sylviane
Weitere Verfasser: Kpodar, Kangni
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2008.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2008/062
Online Zugang:Full text available on IMF