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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Bibliografiska uppgifter
Huvudupphovsman: Guillaumont Jeanneney, Sylviane
Övriga upphovsmän: Kpodar, Kangni
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2008.
Serie:IMF Working Papers; Working Paper ; No. 2008/062
Länkar:Full text available on IMF