Showing 1 - 10 of 6,106
remittances are not statistically significant in promoting inclusive growth in Africa. Notably, across the economic growth and … development in the remittances-inclusive growth relationship. First, evidence based on the system GMM estimator shows that … income inequality dimensions of inclusive growth, we find that although remittances are ineffective in boosting the former …
Persistent link: https://www.econbiz.de/10014265891
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
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
remains mostly underdeveloped. The altruistic motives of sending remittances to Africa are likely to fade with time. In this …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 …
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 … in Africa has significantly remained underdeveloped and unstable. Finding a solution to Africa's financial deregulation …
Persistent link: https://www.econbiz.de/10012304906
In this paper, I measure the importance of remittances and financial development for developing countries. I estimate … channel for remittances to affect economic growth. The index brings together information from existing measures, reflecting … the more financial development in a country, the smaller becomes the impact of remittances on economic growth and it can …
Persistent link: https://www.econbiz.de/10011346094
The employment of financial development indicators without due consideration to country/regional specific financial development realities remains an issue of substantial policy relevance. Financial depth in the perspective of money supply is not equal to liquid liabilities in every development...
Persistent link: https://www.econbiz.de/10011409823
This study investigates the role of information and communication technology (ICT) on income inequality through financial development dynamics of depth (money supply and liquid liabilities), efficiency (at banking and financial system levels), activity (from banking and financial system...
Persistent link: https://www.econbiz.de/10011998776
Migrant remittances reached 21 billion dollars in SSA in 2008 according to the World Bank estimates. Despite these … existing studies on the impact of remittances in SSA have been mostly in the form of case studies at the microeconomic level or … reports. The objective of our study is to fill in this gap by investigating the impact of remittances on savings and …
Persistent link: https://www.econbiz.de/10013130389
remittance income is spent. My findings suggest that in communities without banks remittances are more likely to be used for … increases the likelihood that remittances are used for productive investment and decreases the likelihood that remittances are … remittances for productive investment, purchasing assets, and general consumption. …
Persistent link: https://www.econbiz.de/10010389626