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This paper empirically examines the quantitative relationship between financial inclusion and inclusive growth in sub-Saharan Africa using a panel of 46 countries for the period 2004–2018. The evidence suggests that usage of financial services, among other covariates, has a quantifiable and...
Persistent link: https://www.econbiz.de/10013461052
We study the relationship between remittances and development from an empirical point of view. We also identify the … CONAPO. The data base contains Human Development Index, migratory intensity and remittances for the 2443 Mexican … municipalities. The evidence suggests that remittances have a positive effect on development. However, the relationship is not linear …
Persistent link: https://www.econbiz.de/10014198707
We provide evidence on the growth patterns of microfinance clients. Our analysis is motivated by the debate on the … impact of microfinance on client income and growth. Based on loan-level data from close to 40,000 clients in Sub … our results provide econometric support for the largely anecdotal evidence presented by microfinance practitioners that …
Persistent link: https://www.econbiz.de/10010339390
Expanding access to financial services holds the promise to help reduce poverty and spur economic development. But, as a practical matter, commercial banks have faced challenges expanding access to poor and low-income households in developing economies, and nonprofits have had limited reach. We...
Persistent link: https://www.econbiz.de/10014025731
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
robustly established that remittances and trust matter for financial development. …
Persistent link: https://www.econbiz.de/10012229266
development that captures the overall structure of the financial sector and its degree of institutional diversification (ID). We … system structures tend to experience faster growth than countries with lower levels of institutional diversification. The ID …
Persistent link: https://www.econbiz.de/10013037698
migration and a sharp growth in the remittances-to-gross domestic product (GDP) ratio; in 2011/12 it was about 23%. The … conventional IG explanation highlights the contribution of remittances to household income and poverty reduction. However …, households are spending remittances largely on consumer activities; therefore, this situation is labeled as "short-term" IG …
Persistent link: https://www.econbiz.de/10009754003
Because excessive specialization can be risky, diversification matters for sustainable development. A case study of … Madagascar, this paper begins by briefly discussing economic and institutional diversification and presenting a simple model of … production possibilities to illuminate the possible contribution of diversification to economic and social development in …
Persistent link: https://www.econbiz.de/10015048370
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. …
Persistent link: https://www.econbiz.de/10012435773