TITLE:
Effect of Migrant Remittances on Inclusive Growth in Africa
AUTHORS:
Gilbert Armand Noula, Modestine-Kevine Nguemo, Derrick Nelson Nguepi
KEYWORDS:
Africa, Remittances, Inclusive Growth
JOURNAL NAME:
Open Access Library Journal,
Vol.11 No.7,
July
29,
2024
ABSTRACT: This study assesses the effects of migrant remittances on inclusive growth in Africa. We applied the ordinary least squares method on a sample of 48 countries in Africa with daily data from 1996 to 2021. The results show that remittances from migrants contribute negatively to inclusive growth. In addition, the results show that an interaction between migrants’ remittances and ease of doing business contributes to improving inclusive growth in African countries. From a policy perspective, we suggest creating a conducive business environment so that migrants’ remittances are used optimally.