Following the upsurge of external debt in SSA countries, the effect of external debt on economic growth has captured … short- and long-run effect of external debt on the economic growth of 39 SSA countries during the last decade for the …

This study investigates the impact of remittances on credit markets in Senegal. The findings show that remittances and … credit markets are complements; namely, the receipt of remittances increases the likelihood of having a loan in a household …. This result is robust after controlling for the potential endogeneity of remittances through household fixed effects and an …

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 …In this paper, I measure the importance of remittances and financial development for developing countries. I estimate …

. One important pathway is through remittances, which contribute to income directly but also help to reduce risk and …

reduction in the transaction costs of remittances. We follow the introduction of mobile money for the first time in rural …, where we observe lower agricultural activity and investment. At the same time, remittances received and welfare of rural …

This article examines the effects of project finance on economic growth in the least developed countries (LDC …). Inspired by the neoclassical growth model we set up an econometric model to estimate the effects of project finance for a … suggest, that project finance has a significant positive effect on economic growth and therefore constitute an important …

I incorporate imperfect capital markets in a standard neoclassical model of economic growth to analyze the long run …-type growth emerges. In contrast, when a country that lags behind in the growth process opens up to international capital markets …