growth, much less work has dealt with the importance of bank-based versus market-based financial systems for poverty and … economic growth, suggesting that the same could be true for poverty since growth is an important driver in reducing poverty … through 2008. The results suggest that when institutions are weak, bank-based financial systems are better at reducing poverty …

inequality and poverty in emerging countries. Using dynamic panel data methods with an updated dataset for the period 1987 …–2011, we assess the finance–inequality–poverty nexus by taking the separate and simultaneous impacts of banks and stock markets … growth, this does not necessarily benefit those on low-incomes in emerging countries. For the finance–poverty link, we find …

income inequality and poverty, except financial liberalization, which tends to exacerbate them. Also, banking sector … fully support the reduction of poverty and income equality …

growth, much less work has dealt with the importance of bank-based versus market-based financial systems for poverty and … economic growth, suggesting that the same could be true for poverty since growth is an important driver in reducing poverty … through 2008. The results suggest that when institutions are weak, bank-based financial systems are better at reducing poverty …