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poverty should take account of the disequalizing income-effect of foreign investment in undeveloped countries. …Hitherto very few studies on the inequality-finance(investment) nexus have focused on the African continent owing to … development dynamics of depth, efficiency, activity and size have an equalizing effect on income distribution through private …
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This paper examines how domestic, foreign, private and public investments affect income-inequality through financial … the poor as they diminish estimated household income-inequality. Financial size does not have a significant income … in the literature provide new insights into the finance-inequality nexus. Policy implications are discussed. …
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This study complements existing literature by investigating how investment-driven finance affects inequality in Africa …-2002). Inequality is measured with estimated household income inequality whereas financial development is proxied with financial depth … investment, financial dynamics of depth, efficiency, activity and size enhance equalizing income-distribution through domestic …
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