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...

Descrición completa

Detalles Bibliográficos
Autor Principal: Guillaumont Jeanneney, Sylviane
Outros autores: Kpodar, Kangni
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2008.
Series:IMF Working Papers; Working Paper ; No. 2008/062
Acceso en liña:Full text available on IMF