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development assistance from overseas. This notwithstanding, migrants’ remittances imperatively remain a better source of finance … motivation for this study to assess how migrant remittances can directly and/or indirectly influence industrialization using a … industrialization. The non interactive stipulations will give account for the direct impact of migrant remittances on industrialization …
Persistent link: https://www.econbiz.de/10012262706
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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/10011542423
African nations have in time, passed over-relied on remittances inflow to augment domestic finances needed for growth …. Despite the volume and magnitude of remittances that have to serve as an alternative source of investment financing, African … remains mostly underdeveloped. The altruistic motives of sending remittances to Africa are likely to fade with time. In this …
Persistent link: https://www.econbiz.de/10012603078
Despite the magnitude of remittances as an alternative source of investment financing in Africa, the financial sector … examine the structural linkages between remittances and financial sector development in Africa. Panel data on indices of … remittances was regressed on indices of financial sector development in fifty-three (53) African countries from 1986 through 2017 …
Persistent link: https://www.econbiz.de/10012304906
Persistent link: https://www.econbiz.de/10011775617
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/10011998019
Persistent link: https://www.econbiz.de/10012314386
Persistent link: https://www.econbiz.de/10014424731
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/10014265891