Household financial assets in the process of development:
"Systematic information on household financial asset holdings in developing countries is very sparse. The author reviews some available data and current policy debates. Although financial asset holdings by households are highly concentrated, deeper financial systems are correlated with improved...
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1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
[Washington, D.C]
World Bank
[2006]
|
Schriftenreihe: | Policy research working paper
3965 |
Schlagworte: | |
Online-Zugang: | BSB01 EUV01 HTW01 FHI01 IOS01 Volltext |
Zusammenfassung: | "Systematic information on household financial asset holdings in developing countries is very sparse. The author reviews some available data and current policy debates. Although financial asset holdings by households are highly concentrated, deeper financial systems are correlated with improved income distribution. For low-income countries, the relevant question for poor households is not how much financial assets they have, but whether they have any access to financial products at all. Building on and synthesizing disparate data collection efforts by others, the author produces new estimates of access percentages for over 150 countries. Across countries access is negatively correlated with poverty rates, but the correlation is not a robust one: thus the supposed anti-poverty potential of financial access remains econometrically elusive. Despite policy focus on the value of credit instruments, it is deposit products that tend to be the first to be used as prosperity increases, before more sophisticated savings products and borrowing. "--World Bank web site |
Beschreibung: | Includes bibliographical references Title from PDF file as viewed on 8/21/2006 |
Beschreibung: | 1 Online-Ressource |
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Datensatz im Suchindex
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author | Honohan, Patrick |
author_facet | Honohan, Patrick |
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discipline | Wirtschaftswissenschaften |
discipline_str_mv | Wirtschaftswissenschaften |
format | Electronic eBook |
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institution | BVB |
language | English |
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publisher | World Bank |
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series2 | Policy research working paper |
spelling | Honohan, Patrick Verfasser aut Household financial assets in the process of development Patrick Honohan, Research working paper Collection Title:Policy [Washington, D.C] World Bank [2006] 1 Online-Ressource txt rdacontent c rdamedia cr rdacarrier Policy research working paper 3965 Includes bibliographical references Title from PDF file as viewed on 8/21/2006 "Systematic information on household financial asset holdings in developing countries is very sparse. The author reviews some available data and current policy debates. Although financial asset holdings by households are highly concentrated, deeper financial systems are correlated with improved income distribution. For low-income countries, the relevant question for poor households is not how much financial assets they have, but whether they have any access to financial products at all. Building on and synthesizing disparate data collection efforts by others, the author produces new estimates of access percentages for over 150 countries. Across countries access is negatively correlated with poverty rates, but the correlation is not a robust one: thus the supposed anti-poverty potential of financial access remains econometrically elusive. Despite policy focus on the value of credit instruments, it is deposit products that tend to be the first to be used as prosperity increases, before more sophisticated savings products and borrowing. "--World Bank web site Online-Ausg Also available in print Households Economic aspects Developing countries World Bank Sonstige oth Honohan, Patrick Household financial assets in the process of development http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3965 Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Honohan, Patrick Household financial assets in the process of development Households Economic aspects Developing countries |
title | Household financial assets in the process of development |
title_auth | Household financial assets in the process of development |
title_exact_search | Household financial assets in the process of development |
title_exact_search_txtP | Household financial assets in the process of development |
title_full | Household financial assets in the process of development Patrick Honohan, Research working paper Collection Title:Policy |
title_fullStr | Household financial assets in the process of development Patrick Honohan, Research working paper Collection Title:Policy |
title_full_unstemmed | Household financial assets in the process of development Patrick Honohan, Research working paper Collection Title:Policy |
title_short | Household financial assets in the process of development |
title_sort | household financial assets in the process of development |
topic | Households Economic aspects Developing countries |
topic_facet | Households Economic aspects Developing countries |
url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3965 |
work_keys_str_mv | AT honohanpatrick householdfinancialassetsintheprocessofdevelopment AT worldbank householdfinancialassetsintheprocessofdevelopment |