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dc.titleWhy Low Inequality Spurs Growth: Savings and Investment by the Poor
dc.contributor.authorBirdsall, Nancy
dc.contributor.authorPinckney, Thomas C.
dc.contributor.authorSabot, Richard H.
dc.contributor.orgunitDepartment of Research and Chief Economist
dc.coverageThe Caribbean
dc.coverageSouth America
dc.coverageCentral America
dc.date.available2012-03-09T00:00:00
dc.date.issue1996-03-01T00:00:00
dc.description.abstractThis paper discusses the ways in which macroeconomic developments can put stress on banks, and in extreme cases lead to banking crises. There are many ways in which this can occur, and no specific mechanism is endorsed. These macroeconomic causes of bank vulnerability and crisis have important implications for regulatory regimes, and for macroeconomic policy itself. Much of the discussion emphasizes the need to set monetary policy with an eye on the state of the domestic banking system.
dc.identifier.doihttp://dx.doi.org/10.18235/0011543
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Why-Low-Inequality-Spurs-Growth-Savings-and-Investment-by-the-Poor.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectEconomy
dc.subjectFinancial Market
dc.subjectPoverty
dc.subject.keywordsinvestment;savings
dc.typeWorking Papers
idb.identifier.pubnumberWorking Papers
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