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dc.creator Beck, Thorsten
dc.creator Demirgüç-Kunt, Asli
dc.date 2012-03-30T07:12:37Z
dc.date 2012-03-30T07:12:37Z
dc.date 2008-12-01
dc.date.accessioned 2023-02-18T19:41:16Z
dc.date.available 2023-02-18T19:41:16Z
dc.identifier World Bank Economic Review
dc.identifier 1564-698X
dc.identifier http://hdl.handle.net/10986/4485
dc.identifier.uri http://localhost:8080/xmlui/handle/CUHPOERS/249970
dc.description Recent data compilations show that many poor and nonpoor people in many developing countries face a high degree of financial exclusion and high barriers in access to finance. Theory and empirical evidence point to the critical role that improved access to finance has in promoting growth and reducing income inequality. An extensive literature shows the channels through which finance promotes enterprise growth and improves aggregate resource allocation. There is less evidence at the household level, however, and on the effectiveness of policies to overcome financial exclusion. The article summarizes recent efforts to measure and analyze the impact of access to finance and discusses the unfinished research agenda.
dc.publisher World Bank
dc.rights CC BY-NC-ND 3.0 IGO
dc.rights http://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.rights World Bank
dc.subject access to finance
dc.subject barriers in access
dc.subject economic development
dc.subject enterprise growth
dc.subject financial exclusion
dc.subject financial markets
dc.subject financial systems
dc.subject inequality
dc.subject information asymmetries
dc.subject transaction costs
dc.title Access to Finance
dc.type Journal Article
dc.type Journal Article
dc.coverage Mexico
dc.coverage Philippines
dc.coverage Indonesia
dc.coverage China
dc.coverage Bangladesh


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