Financial development and poverty alleviation in Muslim developing countries / Maizura Md Isa, Nor Hazila Ismail and Mohamed Eskandar Shah Mohd Rasid

• Main Authors: Md Isa, Maizura, Ismail, Nor Hazila, Mohd Rasid, Mohamed Eskandar Shah
• Format: Article
• Language: English
• Published: UiTM Cawangan Johor 2018
• Subjects: Poor. Poverty; Economic development. Development economics. Economic growth
• Online Access: http://ir.uitm.edu.my/id/eprint/41331/1/41331.pdf; http://ir.uitm.edu.my/id/eprint/41331/; https://insightjournal.my/
• Institution: Universiti Teknologi Mara

The positive impact of financial development on economic growth has been widely discussed, but the literature on the impact of financial development on poverty is inconclusive. Theoretical predictions advocate that financial development contributes directly to poverty reduction in three ways. Firstl...