Arbeitspapier
Financial sector development, savings mobilization and poverty reduction in Ghana
The paper primarily investigates the interrelationship between financial sector development and poverty reduction in Ghana. This is done using time-series data from the World Development Indicators from 1970-2001. The main findings are, first, that even though financial sector development does not Granger-cause savings mobilization in Ghana, it induces poverty reduction; and second, that savings do Granger-cause poverty reduction in Ghana. Also, the effect of financial sector development on poverty reduction is positive but insignificant. This is due to the fact that financial intermediaries in Ghana have not adequately channelled savings to the pro-poor sectors of the economy because of government deficit financing, high default rate, lack of collateral and lack of proper business proposals. Another interesting finding is that there is a long-run cointegration relationship between financial sector development and poverty reduction.
- ISBN
-
9291907596
- Sprache
-
Englisch
- Erschienen in
-
Series: WIDER Research Paper ; No. 2005/71
- Klassifikation
-
Wirtschaft
Macroeconomics: Consumption; Saving; Wealth
- Thema
-
financial sector development
savings
poverty
Finanzsektor
Armut
Sparen
Ghana
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Quartey, Peter
- Ereignis
-
Veröffentlichung
- (wer)
-
The United Nations University World Institute for Development Economics Research (UNU-WIDER)
- (wo)
-
Helsinki
- (wann)
-
2005
- Handle
- Letzte Aktualisierung
- 10.03.2025, 11:43 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Quartey, Peter
- The United Nations University World Institute for Development Economics Research (UNU-WIDER)
Entstanden
- 2005
Ähnliche Objekte (12)
Ghana: Poverty reduction over thirty years
Mobility, Mobilization or Negotiation: NGO Discourses in Poverty Reduction
Mobility, Mobilization or Negotiation: NGO Discourses in Poverty Reduction
The HIPC initiative and poverty reduction in Ghana: An assessment
Poverty reduction
Rural savings mobilization : indigenous savings and credit associations in Imo State, Nigeria
Financial sector reforms and savings mobilization in Zambia
Liberalization of capital markets and savings mobilization in Indonesia
Mobilization of personal savings in Zimbabwe through financial development
Liberalization of capital markets and savings mobilization in Indonesia
Rural financial intermediation and poverty reduction in Ghana: A micro-level analysis
Rural financial savings mobilization in Sri Lanka: Bottlenecks and reform proposals
Ghana: Poverty reduction over thirty years
Mobility, Mobilization or Negotiation: NGO Discourses in Poverty Reduction
Mobility, Mobilization or Negotiation: NGO Discourses in Poverty Reduction
The HIPC initiative and poverty reduction in Ghana: An assessment
Poverty reduction
Rural savings mobilization : indigenous savings and credit associations in Imo State, Nigeria
Financial sector reforms and savings mobilization in Zambia
Liberalization of capital markets and savings mobilization in Indonesia
Mobilization of personal savings in Zimbabwe through financial development
Liberalization of capital markets and savings mobilization in Indonesia
Rural financial intermediation and poverty reduction in Ghana: A micro-level analysis
Rural financial savings mobilization in Sri Lanka: Bottlenecks and reform proposals
Ghana: Poverty reduction over thirty years
Mobility, Mobilization or Negotiation: NGO Discourses in Poverty Reduction
Mobility, Mobilization or Negotiation: NGO Discourses in Poverty Reduction
The HIPC initiative and poverty reduction in Ghana: An assessment
Poverty reduction
Rural savings mobilization : indigenous savings and credit associations in Imo State, Nigeria
Financial sector reforms and savings mobilization in Zambia
Liberalization of capital markets and savings mobilization in Indonesia
Mobilization of personal savings in Zimbabwe through financial development
Liberalization of capital markets and savings mobilization in Indonesia
Rural financial intermediation and poverty reduction in Ghana: A micro-level analysis