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Financial Development and Poverty Alleviation: Issues and Policy Implications for Developing and Transition Countries

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  • Vassili Prokopenko
  • Paul Holden

Abstract

This paper reviews current thinking on the relationship between financial development and poverty alleviation-a subject that has grown increasingly important in the policy prescriptions of the IMF and other international financial institutions in recent years. Although work on this issue is far from over, some important lessons can be learned from the existing evidence. The paper reflects on these lessons and looks at some of the policy implications of the analysis.

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Bibliographic Info

Paper provided by International Monetary Fund in its series IMF Working Papers with number 01/160.

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Length: 40
Date of creation: 01 Oct 2001
Date of revision:
Handle: RePEc:imf:imfwpa:01/160

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References

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Citations

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Cited by:
  1. Anjali Kumar & Thorsten Beck & Cristine Campos & Soumya Chattopadhyay, 2005. "Assessing Financial Access in Brazil," World Bank Publications, The World Bank, number 7452, March.
  2. Alejandra Anastasi & Emilio Blanco & Pedro Elosegui & Máximo Sangiácomo, 2010. "Bankarization and Determinants of Availability of Banking Services in Argentina," Ensayos Económicos, Central Bank of Argentina, Economic Research Department, vol. 1(60), pages 137-209, October -.
  3. Philip Arestis & Asena Caner, 2008. "Capital Account Liberalization and Poverty: How Close is the Link?," Working Papers 0811, TOBB University of Economics and Technology, Department of Economics.
  4. Odhiambo, Nicholas M., 2009. "Finance-growth-poverty nexus in South Africa: A dynamic causality linkage," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 38(2), pages 320-325, March.
  5. Alberto Lanzavecchia, 2012. "Is microcredit targeted to poor people? Evidences from a Cambodian microfinance institution," "Marco Fanno" Working Papers 0149, Dipartimento di Scienze Economiche "Marco Fanno".
  6. World Bank, 2003. "Nigeria - Policy Options for Growth and Stability : Volume 1. Main Report," World Bank Other Operational Studies 14388, The World Bank.
  7. Youssouf Kiendrebeogo, 2010. "Développement financier et pauvreté dans l'UEMOA," Documents de travail 155, Groupe d'Economie du Développement de l'Université Montesquieu Bordeaux IV.
  8. Claude Berthomieu & Anastasia Ri, 2009. "Process and Effects of Financial Liberalization in Transition Countries: A Selective Literature Survey," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 56(4), pages 453-473, December.
  9. International Monetary Fund, 2002. "Microfinance Institutions and Public Policy," IMF Working Papers 02/159, International Monetary Fund.
  10. Biaggio Bossone & Abdourahmane Sarr, 2002. "A New Financial System for Poverty Reduction and Growth," IMF Working Papers 02/178, International Monetary Fund.
  11. Philip Arestis & Asena Caner, 2004. "Financial Liberalization and Poverty: Channels of Influence," Economics Working Paper Archive wp_411, Levy Economics Institute, The.

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