期刊名称:The International Journal of Applied Economics and Finance
印刷版ISSN:1991-0886
电子版ISSN:2077-2149
出版年度:2011
卷号:5
期号:1
页码:75-86
DOI:10.3923/ijaef.2011.75.86
出版社:Asian Network for Scientific Information
摘要:The study empirically investigates the impact of Ghana’s financial openness induced growth on poverty between 1970 and 2007 using econometric analysis. We find positive long run relationship between growth and financial liberalisation. We further investigate whether the financial liberalisation benefit poor. Again, we find positive relationship between growth and standard of living but disproportionate. We identify credit channel to be effective way to reduce poverty if policy intervention could be implemented. We argue that financial liberalization should be embarked with the poor in mind.