Finance and the Poor

13 Pages Posted: 18 Aug 2008

See all articles by Ross Levine

Ross Levine

University of California, Berkeley - Haas School of Business; National Bureau of Economic Research (NBER)

Abstract

The operation of the formal financial system is profoundly important for the poor. Financial development influences the degree to which economic opportunities are shaped by talent rather than by parental wealth. Considerably more research is needed on which formal financial sector policies boost aggregate economic efficiency, while simultaneously expanding the economic prospects of the poor.

Suggested Citation

Levine, Ross Eric, Finance and the Poor. Manchester School, Vol. 76, Issue s1, pp. 1-13, September 2008. Available at SSRN: https://ssrn.com/abstract=1230309 or http://dx.doi.org/10.1111/j.1467-9957.2008.01078.x

Ross Eric Levine (Contact Author)

University of California, Berkeley - Haas School of Business ( email )

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2220 Piedmont Avenue
Berkeley, CA 94720
United States

National Bureau of Economic Research (NBER)

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United States

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