Fayissa, Bichaka; Nsiah, Christian - Economics and Finance Department, Jennings A. Jones … - 2008
increasing importance of remittances in total international capital flows, however, the direct or indirect relationship between … remittances and economic growth has not been adequately studied. This study explores the aggregate impact of remittances on … for 37 African countries. We find that remittances boost growth in countries where the financial systems are less …