inefficiency indicator of the domestic banking system and show that migrants' remittances positively affect economic growth only in …A recent study by Giuliano and Ruiz-Arranz (2006) has provided evidence of substitutability between remittances and … financial development in fostering economic growth in developing countries. In this paper, we introduce a new qualitative …

uses macrodata to examine the linkages between financial development, remittances, and economic growth in Ghana. We …Sources of economic growth in Ghana have not been clear. Several studies have contributed to the finance and growth … literature with little attention on remittances and the joint effect of financial sector development and remittances. This paper …

We explore the effect of foreign direct investment on economic growth in developing countries, distinguishing between … contribute to expanding the host country's capital stock. The model suggests that greenfield FDI has a stronger impact on growth … than M&A sales. This hypothesis is supported by our empirical results, which show that greenfield FDI enhances growth …

According to theory, financial openness (FO) increases growth. The literature often conditions the growth effect of FO … on favorable collateral environment. However, this can conceal the actual growth benefits of FO. This paper contributes … to the literature by investigating the unconditional growth effect of FO, measured as de facto international financial …

motivations tied to tenure abroad change the impact of their remittances on venture investment back home. Regression and related … analyses of remittances to 33 developing countries from 2001–2010 indicate that, for migrants residing abroad for less (more …) than a year, remittances significantly increase new business founding rates (venture-funding availability). Our results …

unresolved issue, namely whether remittances increase or decrease with migrants' level of education. The determinants of … remittances considered include migration levels and rates, migrants' education level, and source countries' income, financial … sector development and expected growth rate. The estimation takes potential endogeneity into account, an issue not considered …

migrants send home. This paper examines whether remittances actually increase with migrants' education level. The determinants … of remittances it considers include migration levels or rates, migrants' education level, and source countries' income …, financial sector development and expected growth rate. The estimation takes potential endogeneity into account, an issue not …

the current literature on the growth impacts of trade (by leading partner countries) often neglects the properties of … with considerable impacts of exports to EDE and AdE, exports to China have limited effects on the growth of its partners …. However, the recent financial crisis marks a turning point of China's role as a major driver of growth in the South. Namely …

A broad but brief survey of the literature on remittances and growth shows that indirect effects are only included via …’ or ‘no net migration anymore’ shows that the total effect of remittances on levels and growth rates of GDP per capita … interaction terms. Then, we regress data for migration, worker remittances, savings, investment, tax revenues, public expenditure …