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...
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Format: | Czasopismo |
Język: | English |
Wydane: |
Washington, D.C. :
International Monetary Fund,
2008.
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Seria: | IMF Working Papers; Working Paper ;
No. 2008/062 |
Dostęp online: | Full text available on IMF |