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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...
Persistent link: https://www.econbiz.de/10012603078
This study explores the historical trajectory of colonialism in Africa and its role in early migration patterns. It challenges the common perception of migration as a recent response to social stress and desperation in underdeveloped communities. Instead, it delves into the impact of colonialism...
Persistent link: https://www.econbiz.de/10015361694
While it is clear that financial depth and economic diversity are prerequisites for the realisation of growth and development objectives, heterogeneous factors that determines financial development remains imperfectly understood. This ambiguity in the structural relations between varied...
Persistent link: https://www.econbiz.de/10012603080
Despite the magnitude of remittances as an alternative source of investment financing in Africa, the financial sector in Africa has significantly remained underdeveloped and unstable. Finding a solution to Africa's financial deregulation problems has proved tenacious partly because of inadequate...
Persistent link: https://www.econbiz.de/10012304906