Investment, Uncertainty, and Irreversibility in Ghana
In: IMF Working Paper, S. 1-37
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In: IMF Working Paper, S. 1-37
SSRN
In: Routledge Studies in the Modern World Economy Series
In: Routledge Studies in the Modern World Economy
In this volume, world-renowned contributors, including Martin Ravallion, Michael Kremer and Robert Townsend, deal with the institutional characteristics of poverty resulting from the time pattern of aid, the nature of financial systems and the political economy of budgetary decisions. Going beyond the traditional literature on poverty, this original book deals with themes of broad interest to both scholars and policymakers in a clear yet technically sophisticated manner. Departing from conventional methods employed in poverty studies, these innovative essays enquire into the institutional characteristics of poverty, and using current case studies, they examine the crucial idea that periods of crises seriously affect poverty.
In: Studies on the African economies
World Affairs Online
World Affairs Online
In: IMF Working Papers, S. 1-43
SSRN
In this volume, world-renowned contributors, including Martin Ravallion, Michael Kremer and Robert Townsend, deal with the institutional characteristics of poverty resulting from the time pattern of aid, the nature of financial systems and the political economy of budgetary decisions. Going beyond the traditional literature on poverty, this original book deals with themes of broad interest to both scholars and policymakers in a clear yet technically sophisticated manner. Departing from conventional methods employed in poverty studies, these innovative essays enquire into the institutional characteristics of poverty, and using current case studies, they examine the crucial idea that periods of crises seriously affect poverty.
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In: IMF Working Paper, S. 1-68
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In: IMF Working Paper No. 02/89
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In: The Journal of social, political and economic studies, Band 31, Heft 2, S. 133-142
ISSN: 0278-839X, 0193-5941
Amongst their many other problems, development in sub-Saharan African (SSA) countries is handicapped by weak financial sectors. While banking facilities have expanded and improved in the last decade, insurance, non-bank financial intermediaries and stock markets are in general little advanced, and any shock to a major export sector in the less diversified countries could turn most of the banking loans bad. The authors discuss the situation and make practical suggestions as to how improvement could be effected. Adapted from the source document.
In: IMF Working Papers, S. 1-33
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In: IMF Working Paper, S. 1-52
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In: IMF Working Papers
This paper assesses the impact of the steadily growing remittance flows to sub-Saharan Africa (SSA). Though the region receives only a small portion of the total recorded remittances to developing countries, and the volume of aid flows to SSA swamps remittances, this paper finds that remittances, which are a stable, private transfer, have a direct poverty mitigating effect, and promote financial development. These findings hold even after factoring in the reverse causality between remittances, poverty and financial development. The paper posits that formalizing such flows can serve as an effec