Economics
Financial development and income inequality in Africa
V. I. Okafor, I. O. Olurinola, et al.
This study investigates the impact of financial development on income inequality in Africa, revealing that access, stability, and efficiency contribute to reducing inequality, while depth is a complicating factor. The authors, Victoria I. Okafor, Isaiah O. Olurinola, Ebenezer Bowale, and Romanus Osabohien, emphasize the need for policymakers to consider all dimensions of financial development for sustainable economic growth.
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