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 …

flows, namely: development assistance, foreign investment and remittances. Ordinary Least Squares, Tobit, Fixed effects … threshold and (iii) 25 (% of GDP) is the critical mass of remittances. At the established critical masses or thresholds …

findings from both estimation techniques reveal that remittances and FDI increase inclusive development whereas foreign aid has …, remittances are negatively associated with: (i) Middle income countries compared to Low income countries where the effect is not …