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Financial Development and Poverty Alleviation

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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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  22. Joanna Ledgerwood, 1998. "Microfinance Handbook: An Institutional and Financial Perspective," World Bank Publications, The World Bank, number 12383, October.
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Citations

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Cited by:
  1. 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.
  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. Daniel Hardy & Paul Holden & Vassili Prokopenko, 2003. "Microfinance institutions and public policy," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 6(3), pages 147-158.
  4. 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.
  5. Abdelhafidh Dhrifi, 2013. "Financial Development and Poverty: What Role for Growth and Inequality?," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 3(4), pages 119-129, October.
  6. Philip Arestis & Asena Caner, 2010. "Capital account liberalisation and poverty: how close is the link?," Cambridge Journal of Economics, Oxford University Press, vol. 34(2), pages 295-323, March.
  7. 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".
  8. World Bank, 2003. "Nigeria - Policy Options for Growth and Stability : Volume 1. Main Report," World Bank Other Operational Studies 14388, The World Bank.
  9. Biaggio Bossone & Abdourahmane Sarr, 2002. "A New Financial System for Poverty Reduction and Growth," IMF Working Papers 02/178, International Monetary Fund.
  10. 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.
  11. Anjali Kumar & Thorsten Beck & Cristine Campos & Soumya Chattopadhyay, 2005. "Assessing Financial Access in Brazil," World Bank Publications, The World Bank, number 7452, October.
  12. Philip Arestis & Asena Caner, 2004. "Financial Liberalization and Poverty: Channels of Influence," Economics Working Paper Archive wp_411, Levy Economics Institute.

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