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Foreign direct investment (FDI) as a driver of growth is important in today´s globalized economy. It is extremely difficult for economies to grow sustainably without economic interactions outside their borders. However, there has been a debate on the impact of FDI inflow on economic expansion....
Persistent link: https://www.econbiz.de/10012388218
Reducing income inequality and enhancing access to financial institutions play a vital role in achieving the Sustainable Development Goal 10, especially in developing countries. While there are studies on the nexus between financial development and economic growth, literature on financial...
Persistent link: https://www.econbiz.de/10012256109
The role of renewable and fossil fuel energy consumption on environmental sustainability remains inconclusive due to varied economic and technological structure. This study provides new insight by assessing the nexus between the utilization of two energy categories - renewable and conventional,...
Persistent link: https://www.econbiz.de/10012220653
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International remittances by immigrants to their home countries is key in the funding development in migrant-sending countries. This study investigates the combined impact of international remittance inflows and financial inclusion on economic growth using a sample of 60 low- and middle-income...
Persistent link: https://www.econbiz.de/10012817967
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International remittances represent the second most important source of external funding for developing countries after foreign direct investment (FDI). This paper examines the impact of international remittances on poverty reduction using the panel data of 10 Asian developing countries. In...
Persistent link: https://www.econbiz.de/10011672540
The main purpose of this paper is to empirically investigate the impacts of remittance inflows, financial inclusion, and economic development and whether inward remittances may help to construct an inclusive financial system. Using both endogeneity-robust generalized method of moments and a...
Persistent link: https://www.econbiz.de/10012101547
To achieve the sustainable development goals (SDGs) as well as the Paris Agreement major investments in renewable energy (RE) production are necessary worldwide. In particular, decentralized, small-scale projects offer copious potential to create energy access as well as to contribute to an...
Persistent link: https://www.econbiz.de/10011931223