Financial determinants of human development in developing countries

Simplice A. Asongu

Hitherto financial drivers of human development have been unexplored by the UNDP. This paper assesses determinants of human development from financial dynamics of depth, efficiency, size and activity on data from 38 developing countries. While the importance of financial activity, size and depth (in decreasing order) is significant for inequality adjusted human development, financial allocation efficiency significantly undermines welfare. As a policy implication results do not support financial allocation efficiency as a driver of human development.

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Year of publication:	2011
Authors:	Asongu, Simplice A.
Publisher:	[Yaoundé] : African Governance and Development Institute (AGDI)
Subject:	Banking \| human development \| developing countries \| instrumental variables \| Entwicklungsländer \| Developing countries \| Entwicklungsindikator \| Development indicator

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Extent:	Online-Ressource (21 S.)
Series:	AGDI working paper. - [Yaoundé] : [Verlag nicht ermittelbar], ZDB-ID 2832636-2. - Vol. WP/11/012
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Graue Literatur ; Non-commercial literature ; Arbeitspapier ; Working Paper
Language:	English
Notes:	Systemvoraussetzungen: PDF Reader
Other identifiers:	hdl:10419/123527 [Handle]
Classification:	E00 - Macroeconomics and Monetary Economics. General ; G20 - Financial Institutions and Services. General ; I00 - Health, Education, and Welfare. General ; O10 - Economic Development. General
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10011410398