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Social Spending, Human Capital, and Growth in Developing Countries : Implications for Achieving the MDGs

Baldacci, Emanuele - 2015

Using panel data from 120 developing countries from 1975 to 2000, this paper explores the direct and indirect channels linking social spending, human capital, and growth in a system of equations. The paper finds that both education and health spending have a positive and significant direct...

Persistent link: https://www.econbiz.de/10012750273

Effect of remittances on poverty and financial development in Sub-Saharan Africa

Gupta, Sanjeev; Pattillo, Catherine A.; Wagh, Smita - In: World development : the multi-disciplinary … 37 (2009) 1, pp. 104-115

Persistent link: https://www.econbiz.de/10003811019

Impact of Remittanceson Poverty and Financial Development in Sub-Saharan Africa

Gupta, Sanjeev; Pattillo, Catherine A.; Wagh, Smita - International Monetary Fund (IMF) - 2007

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/10005826522