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    Microfinance, poverty and development

    Microloans are undoubtedly a key instrument in the fight against poverty, but have not been statistically significant in the analysis developed by the Liberdom research team about the fundamentals of success achieved by many countries in terms of development throughout the last decade. The statistical results obtained from the ANOVA analysis of variance on the database developed by CGAP show that countries with higher levels of development are characterized by a larger and more sophisticated financial intermediation.

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