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Financial reforms and income inequality: evidence from developing countries

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  • Kwamivi Gomado

Abstract

The current context of the COVID-19 pandemic has exposed the most vulnerable socio-economic groups to greater financial risk and thus could lead to exacerbating income inequality. The crisis creates an opportunity to demand further structural and systemic reforms for redistributive justice. Our paper explores the distributional consequences of financial liberalization reforms implemented over the past four decades in 64 emerging and low-income countries.

Suggested Citation

  • Kwamivi Gomado, 2023. "Financial reforms and income inequality: evidence from developing countries," WIDER Working Paper Series wp-2023-88, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2023-88
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    References listed on IDEAS

    as
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    7. Van Bon Nguyen, 2021. "The difference in the FDI inflows – Income inequality relationship between developed and developing countries," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 30(8), pages 1123-1137, November.
    8. Asteriou, Dimitrios & Dimelis, Sophia & Moudatsou, Argiro, 2014. "Globalization and income inequality: A panel data econometric approach for the EU27 countries," Economic Modelling, Elsevier, vol. 36(C), pages 592-599.
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    More about this item

    Keywords

    Reforms; Financial liberalization; Income inequality; Business cycles;
    All these keywords.

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