Out of inequality and poverty: Evidence for the effectiveness of remittances in Sub-Saharan Africa

Akobeng, Eric

doi:10.1016/j.qref.2015.10.008

Cited by 83 publications

(64 citation statements)

References 36 publications

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“…The findings from the study were consistent with Fuente (2010) and Gupta et al (2009). Akobeng (2016) investigated the impact of remittance on poverty and inequality using microdata from sub-Saharan Africa and found remittance to reduce poverty. In a similar vein, Nahar and Arshad (2017) investigated the impact of remittance on poverty reduction in Indonesia employing data from 1983 to 2015 and also found remittance to reduce poverty.…”

Section: Review Of Related Literaturesupporting

confidence: 85%

THE impact of remittance inflows on poverty in Botswana: an ARDL approach

Musakwa

Odhiambo

2019

Economic Structures

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The growing need to find a solution to poverty alleviation has resulted in heightened interest from researchers to find the most important economic variable that could serve as a panacea to poverty alleviation. Consequently, the surge in remittance inflows globally, in general, and in low and middle-income countries, in particular, has ignited studies focused on the establishment of the nature of the relationship between remittance and poverty. According to Migration Policy Institute (2019), the global monetary transfers from migrants reached $689 billion in 2018 with remittance inflows to low and middle-income countries, taking 77% of the global transfer. The monetary transfers to low and middle-income countries are expected to grow by $21 billion in 2019 and projected to reach $550 billion (Migration Policy Institute 2019). Remittance has grown to be an important source of foreign income besides foreign direct investment and official development assistance (ODA) (Ratha et al. 2018).

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Section: Review Of Related Literaturesupporting

confidence: 85%

THE impact of remittance inflows on poverty in Botswana: an ARDL approach

Musakwa

Odhiambo

2019

Economic Structures

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“…Meanwhile, Africa suffers from multidimensional deprivation of access to productivity enhancing resources (Cleeve et al, 2015;Ogundari and Awokuse, 2018). Generally, the proportion of world's poor is highest in Sub-Saharan Africa (Anyanwu and Erhijakpor, 2010;World Bank 2015;Akobeng, 2016).…”

Section: Introductionmentioning

confidence: 99%

Has Fiscal Decentralization Influenced the Quality of Life in Sub-Saharan Africa? Empirical Evidence From Nigeria

Rufai

Ogunniyi²,

Salman

et al. 2020

Preprint

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Sub-Sahara Africa countries has the highest proportion of people with the lowest access to basic amenities required to live well. Nigeria contributes significantly to the low quality of life in the region. Many governments particularly in Africa adopted government decentralization as a major policy reform to improve the distribution of public goods and services. The overall outcome of government decentralization is believed to be more dependent on the extent of fiscal decentralization. This study examined the influence of fiscal decentralization on indicators of health, education, household wealth and living environment.The estimation technique used in this study is based on Vector autoregression (VAR) model.Besides, an impulse response function (orf) function and a Granger causality test was also generated as post-estimation to confirm the results. The results revealed that though the growth in the previous revenue of states and local governments had an inverse relationship with improvements in the indicators. The expenditure of sub national governments had a weak effect but it had an increasing influence on all the indicators except child mortality. The results of the Granger causality test revealed that variations in child mortality rates and access to improved water cannot be explained by both revenue and expenditure of the sub national governments in Nigeria. The quality of life people live can be improved if the issue of financial constraints and accountability at the sub national level of governments is addressed.

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“…A caveat to the study is that internal instruments were used because of the difficulty of finding external instruments. While Akobeng (2016) has used GDP per capita and the unemployment rate of the remittance-sending countries as external instruments, the Financial Development and Structure Database (FDSD) from which the remittance data used in this study is sourced, did not enable the present study to establish the corresponding specific remittance-sending countries. Hence, future studies should consider the remittance-sending countries when selecting the source of data in order to use the instruments employed by Akobeng (2016) Funding: this is an unfunded paper.…”

Section: Conclusion Caveats and Future Research Directionsmentioning

confidence: 99%

Remittances and Value Added across Economic sub-sectors in Sub-Saharan Africa

Asongu

Odhiambo

2021

SSRN Journal

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This research assesses the relevance of enhancing remittances on value added across economic sectors in sub-Saharan Africa for the period 1980 to 2014 using the Generalised Method of Moments. First, no significant net effects on added value to the agricultural sector are apparent. Second, enhancing remittances engenders a positive net effect on added value to the manufacturing sector. Third, there are negative net effects on added value to the service sector. Given that the unfavourable net incidence of remittances to the service sector is associated with a positive marginal or conditional effect, the analysis is extended by computing thresholds at which remittances induce net positive effects on added value to the service sector. The extended analysis shows that a remittance threshold of 48.5% of GDP is the critical mass needed for further enhancement of remittances to engender positive net effects on value added to the service sector.

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Out of inequality and poverty: Evidence for the effectiveness of remittances in Sub-Saharan Africa

Cited by 83 publications

References 36 publications

THE impact of remittance inflows on poverty in Botswana: an ARDL approach

THE impact of remittance inflows on poverty in Botswana: an ARDL approach

Has Fiscal Decentralization Influenced the Quality of Life in Sub-Saharan Africa? Empirical Evidence From Nigeria

Remittances and Value Added across Economic sub-sectors in Sub-Saharan Africa

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