Financial Deepening, Property Rights and Poverty PDF Download

Financial Deepening, Property Rights and Poverty PDF
By:Mr. Yifei Huang,Mr. Raju Jan Singh
Published on 2011-08-01 by International Monetary Fund

Recent studies on the relationship between financial development and poverty have been inconclusive. Some claim that, by allowing more entrepreneurs to obtain financing, financial development improves the allocation of capital, which has a particularly large impact on the poor. Others argue that it is primarily the rich and politically connected who benefit from improvements in the financial system. This paper looks at a sample of 37 countries in sub-Saharan Africa from 1992 through 2006. Its results suggest that financial deepening could narrow income inequality and reduce poverty, and that stronger property rights reinforce these effects. Interest rate and lending liberalization alone could, however, be detrimental to the poor if not accompanied by institutional reforms, in particular stronger property rights and wider access to creditor information.

This Book was ranked at 19 by Google Books for keyword children's education in poverty.

Book ID of Financial Deepening, Property Rights and Poverty's Books is MtT7VLLzrLQC, Book which was written byMr. Yifei Huang,Mr. Raju Jan Singhhave ETAG "NXc0Gf4op/s"

Book which was published by International Monetary Fund since 2011-08-01 have ISBNs, ISBN 13 Code is 9781463901462 and ISBN 10 Code is 1463901461

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