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development in the remittances-inclusive growth relationship. First, evidence based on the system GMM estimator shows that … remittances are not statistically significant in promoting inclusive growth in Africa. Notably, across the economic growth and … income inequality dimensions of inclusive growth, we find that although remittances are ineffective in boosting the former …
Persistent link: https://www.econbiz.de/10014549359
The study employs macro data on 42 African countries to examine whether remittances and financial development …. Robust evidence from the dynamic GMM estimator shows that: (i) remittances heighten income inequality in Africa, (ii) Africa …'s financial system is not potent enough for repacking remittances towards the equalisation of incomes, and (iii) vis …
Persistent link: https://www.econbiz.de/10014278375
The paper assesses how remittances directly and indirectly affect industrialisation in a panel of 49 African countries … industrialisation. The non-interactive specification elucidates direct effects of remittances on industrialisation whereas interactive … specifications explain indirect impacts. The findings broadly show that for certain initial levels of industrialisation, remittances …
Persistent link: https://www.econbiz.de/10011596373
The paper assesses how remittances directly and indirectly affect industrialisation us ing a panel of 49 African … industrialisation. The non-interactive specification elucidates direct effects of remittances on industrialisation whereas interactive … specifications explain indirect impacts. The findings broadly show that for certain initial levels of industrialisation, remittances …
Persistent link: https://www.econbiz.de/10012112148
In the first empirical study on how financial reforms have been instrumental in mitigating inequality through financial sector competition, we contribute at the same time to the macroeconomic literature on measuring financial development and respond to the growing field of economic development...
Persistent link: https://www.econbiz.de/10011390836
The employment of financial development indicators without due consideration to country/regional specific financial development realities remains an issue of substantial policy relevance. Financial depth in the perspective of money supply is not equal to liquid liabilities in every development...
Persistent link: https://www.econbiz.de/10011390855
burgeoning trends in mobile phone penetration, KE and poverty. Hence, the IFS definition has incontrovertibly fought its final …
Persistent link: https://www.econbiz.de/10011390883
severity and intensity of poverty in Sub-Saharan Africa (SSA). Using data from the World Bank's World Development Indicators …, ICT usage, and ICT access, ICT skills is remarkable in reducing both the severity and intensity of poverty. The results … further unveil that, though ICT skills reduce the intensity and severity of poverty in SSA, the effect is more pronounced in …
Persistent link: https://www.econbiz.de/10012801033
to reduce poverty in rural Pakistan. The present study attempts to analyze the impact of socioeconomic and demographic …Poverty is a complex phenomenon based on a network of interlocking economic, social, political, and demographic factors …. An understanding of the extent, nature, and determinants of rural poverty is a precondition for effective public policy …
Persistent link: https://www.econbiz.de/10010905752
populations. Finally, food price inflation can lead to significant increases in Pakistani poverty levels: For Pakistan as a whole … and the most vulnerable to these price shocks are the poorest segments of society. In countries like Pakistan, the … discussion has focused onthe impact of substantially higher food and fuel prices on poverty. This paper used PSLM and MICS …
Persistent link: https://www.econbiz.de/10010905754