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    Financial Sector Development and the Millennium Development Goals:
    Financial Sector Development and the Millennium Development Goals:
    Financial Sector Development and the Millennium Development Goals:
    Ebook128 pages2 hours

    Financial Sector Development and the Millennium Development Goals:

    By Stijn Claessens and Erik Feijen

    ()

    About this ebook

    This study investigates the relationship between financial sector development and progress in reaching the Millennium Development Goals (MDGs). It assesses the contribution of countries' financial sector development to achieving the MDGs. The focus is on the relationships between financial development and economic welfare and growth, and the following four MDG-themes: Poverty, Education, Health, and Gender Equality. In doing so, the book reviews the theoretical channels, surveys existing empirical evidence - both cross-country and case study evidence, and provides new evidence. Financial Sector Development and the Millennium Development Goals finds that financial development is an important driver for economic welfare in that it reduces the prevalence of income poverty and undernourishment. In addition, new evidence is provided of a positive association between financial development and health, education, and gender equality.
    LanguageEnglish
    PublisherWorld Bank Publications
    Release dateFeb 14, 2007
    ISBN9780821368640
    Financial Sector Development and the Millennium Development Goals:

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