Financial Inclusion, Remittance Inflows, And Poverty Reduction In Developing Countries: Evidence From Empirical Analyses

Financial Inclusion, Remittance Inflows, And Poverty Reduction In Developing Countries: Evidence From Empirical Analyses

Author: Inoue Takeshi

Publisher: World Scientific

Published: 2019-05-09

Total Pages: 164

ISBN-13: 9813279109

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Many empirical analyses have demonstrated that financial inclusion and remittance inflows both indicate the potential of finance to resolve issues of growth and poverty in developing countries. Based on a wide-ranging review of prior research and empirical analyses from a new perspective, this book aims to systematically clarify the relations between financial inclusion, remittance inflows, economic growth, and poverty reduction in developing countries, revealing a new role for development finance.


Book Synopsis Financial Inclusion, Remittance Inflows, And Poverty Reduction In Developing Countries: Evidence From Empirical Analyses by : Inoue Takeshi

Download or read book Financial Inclusion, Remittance Inflows, And Poverty Reduction In Developing Countries: Evidence From Empirical Analyses written by Inoue Takeshi and published by World Scientific. This book was released on 2019-05-09 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many empirical analyses have demonstrated that financial inclusion and remittance inflows both indicate the potential of finance to resolve issues of growth and poverty in developing countries. Based on a wide-ranging review of prior research and empirical analyses from a new perspective, this book aims to systematically clarify the relations between financial inclusion, remittance inflows, economic growth, and poverty reduction in developing countries, revealing a new role for development finance.


Financial Inclusion, Remittance Inflows, and Poverty Reduction in Developing Countries

Financial Inclusion, Remittance Inflows, and Poverty Reduction in Developing Countries

Author: Inoue Takeshi

Publisher:

Published: 2019

Total Pages: 165

ISBN-13: 9789813279094

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Book Synopsis Financial Inclusion, Remittance Inflows, and Poverty Reduction in Developing Countries by : Inoue Takeshi

Download or read book Financial Inclusion, Remittance Inflows, and Poverty Reduction in Developing Countries written by Inoue Takeshi and published by . This book was released on 2019 with total page 165 pages. Available in PDF, EPUB and Kindle. Book excerpt:


Remittance Inflows, Financial Inclusion, and Economic Development

Remittance Inflows, Financial Inclusion, and Economic Development

Author: Chuc Anh Tu

Publisher:

Published: 2019

Total Pages:

ISBN-13:

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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 structural equation model, our results show that remittances and financial inclusions are engines of growth in countries of different income groups. This implies that the policies to attract extra inward remittances and improve financial inclusion status are of great importance and could pull middle-income countries out of middle-income traps. To this end, our empirical study helps to shed light on the development dilemma of remittance inflows and financial inclusion and to explain both direct and indirect mechanisms through which these effects may happen.


Book Synopsis Remittance Inflows, Financial Inclusion, and Economic Development by : Chuc Anh Tu

Download or read book Remittance Inflows, Financial Inclusion, and Economic Development written by Chuc Anh Tu and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 structural equation model, our results show that remittances and financial inclusions are engines of growth in countries of different income groups. This implies that the policies to attract extra inward remittances and improve financial inclusion status are of great importance and could pull middle-income countries out of middle-income traps. To this end, our empirical study helps to shed light on the development dilemma of remittance inflows and financial inclusion and to explain both direct and indirect mechanisms through which these effects may happen.


The Impact of Remittances on Economic Activity: The Importance of Sectoral Linkages

The Impact of Remittances on Economic Activity: The Importance of Sectoral Linkages

Author: Hector Perez-Saiz

Publisher: International Monetary Fund

Published: 2019-08-16

Total Pages: 37

ISBN-13: 1498324487

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We propose a simple macroeconomic model with input-output sectoral linkages based on Acemoglu et al. (2016) to quantify how changes in aggregate demand due to additional income from household’s remittances propagates through the network of input-output linkages in Sub-Saharan African countries. We first propose two network centrality measures to assess the role of some sectors as key input providers in the economy. Then, we use these measures to quantify the effect of sectoral linkages on sectoral and total output following an increase in remittances inflows. Our empirical results suggest that the effects of remittances on recipient economies increase with the degree of linkages across sectors, which is especially prominent in the case of the financial intermediation sector. Our paper contributes to the emerging macroeconomic literature on the propagation of shocks across sectors and the implications for the whole economy.


Book Synopsis The Impact of Remittances on Economic Activity: The Importance of Sectoral Linkages by : Hector Perez-Saiz

Download or read book The Impact of Remittances on Economic Activity: The Importance of Sectoral Linkages written by Hector Perez-Saiz and published by International Monetary Fund. This book was released on 2019-08-16 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: We propose a simple macroeconomic model with input-output sectoral linkages based on Acemoglu et al. (2016) to quantify how changes in aggregate demand due to additional income from household’s remittances propagates through the network of input-output linkages in Sub-Saharan African countries. We first propose two network centrality measures to assess the role of some sectors as key input providers in the economy. Then, we use these measures to quantify the effect of sectoral linkages on sectoral and total output following an increase in remittances inflows. Our empirical results suggest that the effects of remittances on recipient economies increase with the degree of linkages across sectors, which is especially prominent in the case of the financial intermediation sector. Our paper contributes to the emerging macroeconomic literature on the propagation of shocks across sectors and the implications for the whole economy.


Global Economic Prospects 2006

Global Economic Prospects 2006

Author:

Publisher: World Bank Publications

Published:

Total Pages: 182

ISBN-13: 082136345X

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International migration, the movement of people across international boundaries to improve economic opportunity, has enormous implications for growth and welfare in both origin and destination countries. An important benefit to developing countries is the receipt of remittances or transfers from income earned by overseas emigrants. Official data show that development countries' remittance receipts totaled 160 billion in 2004, more than twice the size of official aid. This year's edition of Global Economic Prospects focuses on remittances and migration. The bulk of the book covers remittances.


Book Synopsis Global Economic Prospects 2006 by :

Download or read book Global Economic Prospects 2006 written by and published by World Bank Publications. This book was released on with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: International migration, the movement of people across international boundaries to improve economic opportunity, has enormous implications for growth and welfare in both origin and destination countries. An important benefit to developing countries is the receipt of remittances or transfers from income earned by overseas emigrants. Official data show that development countries' remittance receipts totaled 160 billion in 2004, more than twice the size of official aid. This year's edition of Global Economic Prospects focuses on remittances and migration. The bulk of the book covers remittances.


Growth, Inequality and Poverty

Growth, Inequality and Poverty

Author: Martin Ravallion

Publisher: World Bank Publications

Published: 2001

Total Pages: 32

ISBN-13:

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One side in the current debate about who benefits from growth has focused solely on average impacts on poverty and inequality, while the other side has focused on the diverse welfare impacts found beneath the averages. Both sides have a point.


Book Synopsis Growth, Inequality and Poverty by : Martin Ravallion

Download or read book Growth, Inequality and Poverty written by Martin Ravallion and published by World Bank Publications. This book was released on 2001 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: One side in the current debate about who benefits from growth has focused solely on average impacts on poverty and inequality, while the other side has focused on the diverse welfare impacts found beneath the averages. Both sides have a point.


Reaching Out

Reaching Out

Author:

Publisher: World Bank Publications

Published: 2005

Total Pages: 52

ISBN-13:

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"The authors (1) present new indicators of banking sector penetration across 99 countries based on a survey of bank regulatory authorities, (2) show that these indicators predict household and firm use of banking services, (3) explore the association between the outreach indicators and measures of financial, institutional, and infrastructure development across countries, and (4) relate these banking outreach indicators to measures of firms' financing constraints. In particular, they find that greater outreach is correlated with standard measures of financial development, as well as with economic activity. Controlling for these factors, the authors find that better communication and transport infrastructure and better governance are also associated with greater outreach. Government ownership of financial institutions translates into lower access, while more concentrated banking systems are associated with greater outreach. Finally, firms in countries with higher branch and ATM penetration and higher use of loan services report lower financing obstacles, thus linking banking sector outreach to the alleviation of firms' financing constraints. "--World Bank web site.


Book Synopsis Reaching Out by :

Download or read book Reaching Out written by and published by World Bank Publications. This book was released on 2005 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The authors (1) present new indicators of banking sector penetration across 99 countries based on a survey of bank regulatory authorities, (2) show that these indicators predict household and firm use of banking services, (3) explore the association between the outreach indicators and measures of financial, institutional, and infrastructure development across countries, and (4) relate these banking outreach indicators to measures of firms' financing constraints. In particular, they find that greater outreach is correlated with standard measures of financial development, as well as with economic activity. Controlling for these factors, the authors find that better communication and transport infrastructure and better governance are also associated with greater outreach. Government ownership of financial institutions translates into lower access, while more concentrated banking systems are associated with greater outreach. Finally, firms in countries with higher branch and ATM penetration and higher use of loan services report lower financing obstacles, thus linking banking sector outreach to the alleviation of firms' financing constraints. "--World Bank web site.


Financial Development and Poverty Reduction

Financial Development and Poverty Reduction

Author: Sylviane Guillaumont Jeanneney

Publisher: International Monetary Fund

Published: 2008-03

Total Pages: 42

ISBN-13:

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This article investigates how financial development helps to reduce poverty directly through the McKinnon conduit effect and indirectly through economic growth. The results obtained with data for a sample of developing countries from 1966 through 2000 suggest that the poor benefit from the ability of the banking system to facilitate transactions and provide savings opportunities but to some extent fail to reap the benefit from greater availability of credit. Moreover, financial development is accompanied by financial instability, which is detrimental to the poor. Nevertheless, the benefits of financial development for the poor outweigh the cost.


Book Synopsis Financial Development and Poverty Reduction by : Sylviane Guillaumont Jeanneney

Download or read book Financial Development and Poverty Reduction written by Sylviane Guillaumont Jeanneney and published by International Monetary Fund. This book was released on 2008-03 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This article investigates how financial development helps to reduce poverty directly through the McKinnon conduit effect and indirectly through economic growth. The results obtained with data for a sample of developing countries from 1966 through 2000 suggest that the poor benefit from the ability of the banking system to facilitate transactions and provide savings opportunities but to some extent fail to reap the benefit from greater availability of credit. Moreover, financial development is accompanied by financial instability, which is detrimental to the poor. Nevertheless, the benefits of financial development for the poor outweigh the cost.


International remittances and the household : analysis and review of global evidence

International remittances and the household : analysis and review of global evidence

Author: Richard H. Adams

Publisher: World Bank Publications

Published: 2007

Total Pages: 32

ISBN-13:

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Abstract: This paper examines the economic impact of international remittances on countries and households in the developing world. To analyze the country-level impact of remittances, the paper estimates an econometric model based on a new data set of 115 developing countries. Results suggest that countries located close to a major remittance-sending region (like the United States, OECD-Europe) are more likely to receive international remittances, and that while the level of poverty in a country has no statistical effect on the amount of remittances received, for those countries which are fortunate enough to receive remittances, these resource flows do tend to reduce the level and depth of poverty. At the household level, a review of findings from recent research suggest that households receiving international remittances spend less at the margin on consumption goods-like food-and more on investment goods-like education and housing. Households receiving international remittances also tend to invest more in entrepreneurial activities.


Book Synopsis International remittances and the household : analysis and review of global evidence by : Richard H. Adams

Download or read book International remittances and the household : analysis and review of global evidence written by Richard H. Adams and published by World Bank Publications. This book was released on 2007 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: This paper examines the economic impact of international remittances on countries and households in the developing world. To analyze the country-level impact of remittances, the paper estimates an econometric model based on a new data set of 115 developing countries. Results suggest that countries located close to a major remittance-sending region (like the United States, OECD-Europe) are more likely to receive international remittances, and that while the level of poverty in a country has no statistical effect on the amount of remittances received, for those countries which are fortunate enough to receive remittances, these resource flows do tend to reduce the level and depth of poverty. At the household level, a review of findings from recent research suggest that households receiving international remittances spend less at the margin on consumption goods-like food-and more on investment goods-like education and housing. Households receiving international remittances also tend to invest more in entrepreneurial activities.


Economics for South African Students

Economics for South African Students

Author: Philip Mohr

Publisher:

Published: 2004

Total Pages: 636

ISBN-13:

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This title is an introduction to economics in general, set against a contemporary South African background. The practical examples make this publication extremely accessible.


Book Synopsis Economics for South African Students by : Philip Mohr

Download or read book Economics for South African Students written by Philip Mohr and published by . This book was released on 2004 with total page 636 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title is an introduction to economics in general, set against a contemporary South African background. The practical examples make this publication extremely accessible.