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Rural financial intermediation and poverty reduction in Ghana: A micro-level analysis

Author

Listed:
  • Michael Danquah
  • Abdul Malik Iddrisu
  • Williams Ohemeng
  • Alfred Barimah

Abstract

The financial sector in rural areas, where most of the poor people in sub-Saharan Africa are found, has transformed massively in recent times, notably through the increased penetration of several types of rural financial intermediaries in addition to rural and community banks and microfinance institutions. Using recent household survey data, we ascertain the access of rural populations to various types of financial services, and the influence of rural financial intermediation on poverty reduction, in Ghana.

Suggested Citation

  • Michael Danquah & Abdul Malik Iddrisu & Williams Ohemeng & Alfred Barimah, 2020. "Rural financial intermediation and poverty reduction in Ghana: A micro-level analysis," WIDER Working Paper Series wp-2020-2, World Institute for Development Economic Research (UNU-WIDER).
  • Handle: RePEc:unu:wpaper:wp-2020-2
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    References listed on IDEAS

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    Cited by:

    1. Laston Petro Manja & Isatou A. Badjie, 2022. "The Welfare Effects of Formal and Informal Financial Access in the Gambia: A Comparative Assessment," SAGE Open, , vol. 12(1), pages 21582440221, March.
    2. Sacchetto, Camilla & Daniel, Egas & Danquah, Michael & Telli, Henry, 2020. "Informality and Covid-19 in sub-Sarahan Africa," LSE Research Online Documents on Economics 111562, London School of Economics and Political Science, LSE Library.

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    Keywords

    Rural financial intermediation; Poverty reduction; Welfare; Financial inclusion; Ghana;
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