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Autor:innen: 
Erscheinungsjahr: 
2011
Schriftenreihe/Nr.: 
AGDI Working Paper No. WP/11/012
Verlag: 
African Governance and Development Institute (AGDI), Yaoundé
Zusammenfassung: 
Hitherto financial drivers of human development have been unexplored by the UNDP. This paper assesses determinants of human development from financial dynamics of depth, efficiency, size and activity on data from 38 developing countries. While the importance of financial activity, size and depth (in decreasing order) is significant for inequality adjusted human development, financial allocation efficiency significantly undermines welfare. As a policy implication results do not support financial allocation efficiency as a driver of human development.
Schlagwörter: 
Banking
human development
developing countries
instrumental variables
JEL: 
E00
G20
I00
O10
Dokumentart: 
Working Paper

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