Showing 1 - 10 of 380
This paper explores the relationship between remittances and financial inclusion for a sample of 187 countries over the … period 2004-2015, using cross-country as well as dynamic panel GMM regressions. At low levels of remittances-to-GDP, these …
Persistent link: https://www.econbiz.de/10012251374
This paper analyzes the potential for fintech to facilitate cheaper and more efficient remittances, and to enhance … financial inclusion in Central America. Digital remittances remain nascent in the region, primarily reflecting behavioral … alliances between traditional and fintech operators, digital remittances can further reduce transaction costs and reach those …
Persistent link: https://www.econbiz.de/10012610695
There has been little systematic empirical study on the relationship between remittances and growth. This paper … attempts to examine this relationship. Using a newly constructed crosscountry of data series for remittances covering a large … sample of developing countries, we relate the interaction between remittances and financial development and its impact on …
Persistent link: https://www.econbiz.de/10014401504
undermine the effect of Foreign Direct Investment (FDI), official development assistance (ODA) and migrants' remittances on … economic expansion. Based on neoclassical growth framework, the theoretical model indicates that FDI, ODA, and remittances …
Persistent link: https://www.econbiz.de/10012605579
-economy framework. Based on the cointegration and weak-exogeneity test results, short-run dynamic error-correction models are specified …
Persistent link: https://www.econbiz.de/10014399799
Recent changes to China''s financial system, in particular ongoing interest rate liberalization, gradual movement toward a more flexible exchange rate regime, and rapid development of capital markets, have changed substantially the environment in which monetary policy operates. In light of these...
Persistent link: https://www.econbiz.de/10014401760
This study aims to identify policies that influence the development of financial institutions as measured across three dimensions: Dept.h, efficiency, and stability. Applying the concept of the financial possibility frontier, developed by Beck & Feyen (2013) and formalized by Barajas et al...
Persistent link: https://www.econbiz.de/10012418075
Many Caribbean financial systems are relatively well developed for their size but benefits are concentrated in a small part of the population. In several large countries, the financial development levels are below what is warranted by that country's own macroeconomic fundamentals. SMEs, in...
Persistent link: https://www.econbiz.de/10011848121
This paper examines how financial development affects the sources of growth-productivity and investment-using a sample of 145 countries for the period 1960-2011. We employ a range of econometric approaches, focusing on the CCA and MENA countries. The analysis looks beyond financial depth to...
Persistent link: https://www.econbiz.de/10011704892
receives only a small portion of the total recorded remittances to developing countries, and the volume of aid flows to SSA … swamps remittances, this paper finds that remittances, which are a stable, private transfer, have a direct poverty mitigating … remittances, poverty and financial development. The paper posits that formalizing such flows can serve as an effective access …
Persistent link: https://www.econbiz.de/10014400356