analyze the impact of terrorism in Pakistan on the inflows of foreign direct investment (FDI), portfolio investments, and … migrant remittances. We find that FDI decreases substantially as a result of terrorist activity, whereas portfolio investments … show little change. In contrast, migrant remittances show a significant increase. These differences are also evident in …

The study employs macrodata on 42 African countries to examine whether remittances and financial development (including … 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 …

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 …

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 …

literature with little attention on remittances and the joint effect of financial sector development and remittances. This paper … uses macrodata to examine the linkages between financial development, remittances, and economic growth in Ghana. We … combined effect of financial development and remittances should be of concern to policymakers. …

The purpose of the study was to examine the relationship between remittances, financial sector development, and … are bound together in the long-run. The results also showed that remittances have a negative and significant effect on … of complementarity between remittances and financial sector development in influencing economic growth. In addition …

There are varied findings on how the remittances, financial development and economic growth relationship works. Some … results show that remittances positively impact economic growth while financial development is found to have no significant … impact on economic growth. The interaction between the remittances and financial development variables is, however, found to …

This study examines the potential of remittances for promoting economic growth and reducing poverty in Asian countries … that a 10% increase in remittances decreases the poverty gap by about 0.7–1.4%. The paper also explores the robustness of … using data for more than 20 countries in the region for 1988–2007. The results indicate that remittances positively affect …

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 …

remittance income is spent. My findings suggest that in communities without banks remittances are more likely to be used for … increases the likelihood that remittances are used for productive investment and decreases the likelihood that remittances are … remittances for productive investment, purchasing assets, and general consumption. …