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variable for SACU countries, namely, South Africa, Botswana, Lesotho, Namibia, and eSwatini. The study applies the … export-led growth hypothesis is valid in Namibia and South Africa, but not in eSwatini, Botswana, and Lesotho. Implications …
Persistent link: https://www.econbiz.de/10012520009
Sub-Saharan Africa (SSA) ranks as the second most unequal region globally (in terms of income distribution), harboring …
Persistent link: https://www.econbiz.de/10012302796
they become leaders. -- FDI ; Leaders’ Educational level ; return migration ; Africa …
Persistent link: https://www.econbiz.de/10009274111
Using a recent Spanish database, we show that remittances respond to cross country differences in portfolio values. This behavior suggests that immigrants are sophisticated economic optimizers who take advantage of opportunities to invest trans-nationally given the networks that immigrants are...
Persistent link: https://www.econbiz.de/10013104946
. Robust evidence from the dynamic GMM estimator shows that: (i) remittances heighten income inequality in Africa, (ii) Africa …-à-vis financial access and depth, inefficiencies characterising Africa's financial institution is the main reason remittances … shows that channelling efforts into the development of Africa's financial sector could yield shared income distribution …
Persistent link: https://www.econbiz.de/10013257108
. Robust evidence based on the dynamic GMM estimator shows that: (i) remittances heighten income inequality in Africa, (ii …) Africa’s financial system is not potent enough for propelling remittances towards the equalisation of incomes, and (iii) vis …-à-vis financial access and depth, inefficiencies characterising Africa’s financial institutions is the main reason remittances …
Persistent link: https://www.econbiz.de/10013263036
Joseph A. Schumpeter is one of the most famous economists of the 20th century and the ’patron saint’ of the finance and growth literature. We have discovered that the prevailing literature has, however, misinterpreted Schumpeter, which leads to puzzling empirical results and difficulties in...
Persistent link: https://www.econbiz.de/10013201693
Persistent link: https://www.econbiz.de/10000974629
Persistent link: https://www.econbiz.de/10003385272
Persistent link: https://www.econbiz.de/10003659279