Patterns of mental health are clearly associated with life circumstances, including educational and economic opportunities, access to safe and supportive neighborhoods, socially structured exposures to stressors and to supportive relationships. In this article, we examine the social and economic correlates of depressive symptoms among African American women residing within a predominantly Afric...

Since the adoption of the Doi Moi (renovation) policy, the Vietnamese economy has continued to register high growth in the transition to a market-oriented economy. As a result, poverty incidence decreased from 58% in 1993 to 29% in 2002. Still, a large number of people are living at the near-poverty level. As the majority of them depend on unstable income from farming, they are vulnerable to na...

Abstract Financial development may affect poverty directly and indirectly through its impact on income inequality, economic growth, financial instability. Previous studies do not consider all these channels simultaneously. To proxy development, we use the ratio of private credit to GDP or an IMF composite measure. Our preferred measure for is gap, i.e. shortfall from line. fixed effects estimat...

purpose:  the paper aims to focus on south africa’s poor economic performance and the regular downgrades of the country’s economic and financial rating by international rating agencies. it attempts to show that these continuous downgrades are a recipe for economic and financial disaster in the long – run; that the continuance of this phenomenon will stymie the implementation of the national dev...

  Poverty is a multi-dimensional problem and various researchers, based on their field, have investigated different aspects of poverty. Moreover, poverty, as a global problem, could be an interesting subject for both developed and developing countries. In recent decades, both international org...

Although research has shown that poor people in sub-Saharan Africa (SSA), including those living in rural areas save, little is known about the factors that influence saving and asset accumulation among this population. Using three theoretical perspectives on saving and asset accumulation, this study examines the broader determinants of saving and asset accumulation among low-income individuals...

What are financial institutions’ social responsibilities in developing countries? On the one hand, they have the generic responsibilities of all human organizations and business enterprises. On the other, their specific social responsibility is to perform the social function of financial intermediaries, which in the case of emerging countries is mainly to contribute to economic growth and help ...

The Mckinnon-Shaw Hypothesis, in its’ various forms, is now thirty years old. Over that period literally hundreds of empirical studies have been completed examining the hypothesis in many different contexts. Initially, the hypothesis focused on the effects of so-called “Financial Repression” (low or negative real interest rates) on savings and investment levels in developing countries. In more ...