Holdings: Financial Development, Growth, and Poverty : How Close are the Links?

Financial Development, Growth, and Poverty : How Close are the Links?

The causal link between finance and growth is one of the most striking empirical macroeconomic relationships uncovered in the past decade. As this branch of the literature matures, the focus shifts from growth to other aspects of economic prosperit...

Full description

Bibliographic Details
Main Author:	Patrick Honohan
Language:	English en_US
Published:	World Bank: Washington, DC 2013
Subjects:	ABSOLUTE POVERTY ABSOLUTE TERMS AGRICULTURE AVERAGE GROWTH AVERAGE INCOME BALANCE SHEETS BANK DEPOSITS BANKING SECTOR BANKING SYSTEM BANKING SYSTEMS BUSINESS CYCLE CAPITAL ACCUMULATION CAPITAL MARKETS CAUSAL EFFECT CENTRAL BANK COMMERCIAL BANKS COMMON LAW COMPETITIVENESS COMPOSITE INDICATOR COUNTRY COMPARISONS COUNTRY DATA CREDIT CONSTRAINTS CRISES DEBT DEPENDENT VARIABLE DEVELOPING COUNTRIES DEVELOPMENT RESEARCH DISEQUILIBRIUM DISTRIBUTION OF INCOME DISTRIBUTION OF WEALTH ECONOMETRICS ECONOMIC CONDITIONS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC POLICY ECONOMIC STRUCTURE ECONOMIC STRUCTURES ECONOMIES OF SCALE ECONOMISTS EMPIRICAL ANALYSIS EMPIRICAL LITERATURE EXCHANGE RATE EXPLANATORY VARIABLES EXPLOITATION FINANCIAL ASSETS FINANCIAL DEPTH FINANCIAL DEVELOPMENT FINANCIAL INSTITUTIONS FINANCIAL MARKETS FINANCIAL SECTOR FINANCIAL SECTORS FINANCIAL SERVICES FINANCIAL STRUCTURE FINANCIAL SYSTEMS FISCAL POLICY FULL EMPLOYMENT GDP GDP PER CAPITA GINI COEFFICIENT GINI INDEX GOVERNANCE VARIABLES GROWTH LITERATURE GROWTH PATH GROWTH PROCESS GROWTH RATE GROWTH RATES GROWTH REGRESSIONS GROWTH THEORY HEADCOUNT POVERTY HUMAN CAPITAL INCOME DISTRIBUTION INCOME GROUPS INCOME INEQUALITY INCOME LEVEL INCOME SHARE INCREASING RETURNS INCREASING RETURNS TO SCALE INFLATION INHERITANCE INSTITUTIONAL VARIABLES INTEREST RATE INTERNATIONAL LEVELS INVESTMENT BANKERS INVOLUNTARY UNEMPLOYMENT LEGAL ORIGINS LIBERTIES LIQUIDITY LIVING STANDARDS LONG-TERM GROWTH M2 MACROECONOMIC POLICY MACROECONOMIC STABILIZATION MARGINAL RETURNS MARKET CAPITALIZATION MARKET PRICES MEAN INCOME MONETARY POLICY NARROW BANKING NATIONAL INCOME NONBANK FINANCIAL INSTITUTIONS OIL PER CAPITA INCOME POINT ESTIMATE POLICY RESEARCH POOR COUNTRIES POOR HOUSEHOLDS POVERTY RATES POVERTY REDUCTION PRICE CONTROLS PRO- POOR PRO-POOR PRODUCERS PRODUCTIVITY PROFITABILITY PROPENSITY TO SAVE PUBLIC SECTOR PURCHASING POWER RAPID GROWTH REDUCING POVERTY RELATIVE IMPORTANCE RELATIVE PRICES REVERSE CAUSALITY RICH COUNTRIES SAVINGS SAVINGS RATIO SECURITIES STANDARD DEVIATION STRUCTURAL CHARACTERISTICS TIME SERIES TRADE OPENNESS UNEMPLOYMENT FINANCIAL DEVELOPMENT STOCK MARKETS FINANCIAL DEEPNESS HEADCOUNT INDEX POVERTY MEASURES INEQUALITY MEASURES BOND MARKETS EQUITY MARKETS COUNTRY CASE STUDIES GOVERNMENT OWNERSHIP REGULATORY FRAMEWORK
Online Access:	http://documents.worldbank.org/curated/en/2004/02/3061054/financial-development-growth-poverty-close-links http://hdl.handle.net/10986/14439

Internet

http://documents.worldbank.org/curated/en/2004/02/3061054/financial-development-growth-poverty-close-links
http://hdl.handle.net/10986/14439

Financial Development, Growth, and Poverty : How Close are the Links?

Internet

Similar Items