This book explores country case studies and works that detail the exact transmission mechanisms through which financial development can enhance pro-poor development in order to derive best practices in this field. This is an important companion for professionals and policymakers, and also a vital reference source for students.

Autorentext

SVETLANA ANDRIANOVA Lecturer in Economics, Department of Economics, University of Leicester, UK LEONARDO BECCHETTI Full Professor of Economics, University of Rome Tor Vergata, Italy; President, Supervising Committee of Banca Popolare Etica FABRIZIO CARMIGNANI Central African Office of the United Nations Economic Commission for Africa ABDUR CHOWDHURY Director, United Nations Economic Commission for Europe, Geneva, Switzerland PANICOS DEMETRIADES Professor of Financial Economics, Department of Economics, University of Leicester, UK ALEMAYEHU GEDA Associate Professor, Department of Economics, Addis Ababa University, Ethiopia; Researcher, African Economic Research Consortium; Researcher, Economic Commission for Africa; Researcher, University of London, SOAS IFTEKHAR HASAN Cary L. Wellington Professor of Finance, Rensselaer Polytechnic Institute; Scientific Advisor, Central Bank of Finland; Visiting Scholar, Federal Reserve Bank of Atlanta; Research Fellow, Berkley Center of Entrepreneurial Studies, Stern School of Business, New York University NIELS HERMES Associate Professor, International Finance, University of Groningen, the Netherlands SAIBAL KAR Fellow, Centre for Studies in Social Sciences, Calcutta, India PRANAB KUMAR DAS Fellow in Economics, Centre for Studies in Social Sciences, Calcutta, India SUBAL C. KUMBHAKAR University Distinguished Professor in Economics, SUNY, Binghamton, New York; Fellow, Journal of Econometrics ROBERT LENSINK Professor in Finance andFinancial Markets, University of Groningen, the Netherlands MARCO MAZZOLI Associate Professor of Monetary and International Economics and Director of the Research Centre 'CESPEM Mario Arcelli', Catholic University, Piacenza, Italy S. MANSOOB MURSHED Professor of the Economics of Conflict and Peace, Institute of Social Studies, the Netherlands; Professor of International Economics, Birmingham Business School, University of Birmingham, UK PETER QUARTEY Research Fellow, Institute of Statistical, Social and Economic Research, University of Ghana ABEBE SHIMELES Research Fellow, University of Goteborg, Sweden; Researcher, African Economic Research Consortium; Researcher, Economic Commission for Africa DANIEL ZERFU Lecturer, Addis Ababa University, Ethiopia

Inhalt
Introduction and Overview; B.Guha-Khasnobis & G.Mavrotas Sources and Effectiveness of Financial Development: What We Know and What We Need to Know; P.Demetriades & S.Andrianova The Poverty Macroeconomic Policy Nexus: Some Short-Run Analytics; G.Mavrotas & S.M.Murshed Finance and Poverty in Ethiopia: A Household Level Analysis; A.Geda, A.Shimeles & D.Zerfu Financial Sector Development, Savings Mobilization and Poverty Reduction in Ghana; P.Quartey Finance and Growth: An Empirical Assessment of the Indian Economy; P.K.Das & B.Guha-Khasnobis The Impact of Financial Openness on Economic Integration: Evidence from Europe and the CIS; F.Carmignani & A.Chowdhury Does Financial Liberalization Influence Saving, Investment and Growth? Evidence from 25 Emerging Market Economies, 1973-1996; N.Hermes & R.Lensink The Corporate Debt Market in India: An Analytical Study of Macroeconomic and Institutional Issues; B.Guha-Khasnobis & S.Kar Financial Markets and R&D Investments: A Discrete Time Model to Interpret Public Policies; M.Mazzoli Financial Sector Development and Total Factor Productivity Growth; S.Kumbhakar & G.Mavrotas The Effects of Regional Integration: Impact on Real Effective Exchange Rate Volatility, Institutional Quality and Growth for MENA Countries; L.Becchetti & I.Hasan