The Effect of International Remittances on Economic Growth in Sub-Saharan Africa (PDF)
(Sprache: Englisch)
Master's Thesis from the year 2021 in the subject Economics - Economic Cycle and Growth, grade: 3.75 (good), Ethiopian Civil Service University, language: English, abstract: This paper is about the effect of international remittances of economic growth in...
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Master's Thesis from the year 2021 in the subject Economics - Economic Cycle and Growth, grade: 3.75 (good), Ethiopian Civil Service University, language: English, abstract: This paper is about the effect of international remittances of economic growth in sub-Saharan Africa.
For many developing economies, remittances constitute the single largest source of foreign exchange, exceeding export revenues, foreign direct investment (FDI), and other private capital inflows.
This study aims to examine the effect of international remittances on economic growth in SSA countries using a panel data approach. The System Generalized Method of Moments was used as the main model of analysis. The sample consists of 29 SSA countries for the period 2004-2019.
The study findings show that international remittance has a positive and significant effect on economic growth in SSA. The study recommends that SSA countries should be designing policies and strategies that facilitate less costly and hassle-free flow of remittances into national development. There is a need to have well-established institutional frameworks to train, support, and ensure the welfare of emigrants abroad by the provision of information or services to assist migrant welfare and promote remittances and investment in the home country.
For many developing economies, remittances constitute the single largest source of foreign exchange, exceeding export revenues, foreign direct investment (FDI), and other private capital inflows.
This study aims to examine the effect of international remittances on economic growth in SSA countries using a panel data approach. The System Generalized Method of Moments was used as the main model of analysis. The sample consists of 29 SSA countries for the period 2004-2019.
The study findings show that international remittance has a positive and significant effect on economic growth in SSA. The study recommends that SSA countries should be designing policies and strategies that facilitate less costly and hassle-free flow of remittances into national development. There is a need to have well-established institutional frameworks to train, support, and ensure the welfare of emigrants abroad by the provision of information or services to assist migrant welfare and promote remittances and investment in the home country.
Autoren-Porträt von Gashaw Atilaw
Name: Gashaw AtilawNationality: Ethiopian
Marital Status
Married, have a child
Lives in Addis Ababa
Educational Background
First Degree: Agricultural Economics from Haramaya University
Second Degree: Development Economics from Ethiopian Civil Service University
Job Position
Market Research Development at Ethiopian Trading Business Corporation
Market Information Analyst at Ethiopian Coffee and Tea Authority
Basin Plan, Monitoring and Evaluation senior expert at Awash Basin Authority
Agricultural Input and Agricultural product Market Team leader
Bibliographische Angaben
- Autor: Gashaw Atilaw
- 2022, 75 Seiten, Englisch
- Verlag: GRIN Verlag
- ISBN-10: 3346715051
- ISBN-13: 9783346715050
- Erscheinungsdatum: 05.09.2022
Abhängig von Bildschirmgröße und eingestellter Schriftgröße kann die Seitenzahl auf Ihrem Lesegerät variieren.
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- Größe: 2.92 MB
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Sprache:
Englisch
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