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The Financial Sector's Contribution to Pro‐poor Growth

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First and foremost, a well‐developed financial sector ‐ understood as the central bank, commercial banks, non‐banking financial institutions (which include microfinance institutions and alternative finance institutions such as co‐operatives, credit unions and savings banks), as well as the financial markets ‐ is important for promoting private sector development and subsequently the contribution of the private sector to alleviating poverty.

Document Type: Review Article

Publication date: 2007-02-01

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