2011
DOI: 10.1596/978-0-8213-8257-8
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Leveraging Migration for Africa

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Cited by 126 publications
(61 citation statements)
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“…In 2010, and estimated $40 billion in remittances were received in Africa. The official aid to Sub--Saharan Africa was 2.2 percent of GDP, while remittances accounted for 3.7 percent of GDP (Ratha et al, 2011). Remittances are larger than the private capital flows such as portfolio debt and equity flows.…”
Section: Literature Reviewmentioning
confidence: 99%
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“…In 2010, and estimated $40 billion in remittances were received in Africa. The official aid to Sub--Saharan Africa was 2.2 percent of GDP, while remittances accounted for 3.7 percent of GDP (Ratha et al, 2011). Remittances are larger than the private capital flows such as portfolio debt and equity flows.…”
Section: Literature Reviewmentioning
confidence: 99%
“…The governments of remittance--receiving countries also see migrants as potential investors in their economy, but this possibility is highly dependent on policies regarding immigration (Haas, 2005). Remittances are also a source for long--term development projects such as infrastructure and low--income housing (Ratha et al, 2011). By using this form of income to build low--income homes, the living conditions of many families are improved greatly.…”
Section: Literature Reviewmentioning
confidence: 99%
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