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One belt one road is big initiative that is proposed by president Xi Jingping in 2013 to boost the global economy .the initiative concerns china and 64 countries especially Asia, Europe and Africa, the purpose of the initiative is to promote international trade them itself. China considers Kenya...
Persistent link: https://www.econbiz.de/10015262286
The study employs macrodata on 42 African countries to examine whether remittances and financial development (including the sub-components of access, depth and efficiency) contribute to the equalisation of incomes across the continent. Robust evidence from the dynamic GMM estimator shows that:...
Persistent link: https://www.econbiz.de/10015267866
The study employs macro data for 42 African countries to examine the interactive and threshold effects of financial development in the remittances-inclusive growth relationship. First, evidence based on the system GMM estimator shows that remittances are not statistically significant in...
Persistent link: https://www.econbiz.de/10015269857