Do Remittances Enhance Financial Inclusion in LMICs and in Fragile States is popular PDF and ePub book, written by Mr.Sami Ben Naceur in 2020-05-22, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Do Remittances Enhance Financial Inclusion in LMICs and in Fragile States can be Read Online from any device for your convenience.
Do Remittances Enhance Financial Inclusion in LMICs and in Fragile States Book PDF Summary
This paper explores the relationship between remittances and financial inclusion for a sample of 187 countries over the period 2004-2015, using cross-country as well as dynamic panel GMM regressions. At low levels of remittances-to-GDP, these flows act as a substitute to formal financial channels, thereby reducing financial inclusion. In contrast, when remittance-to-GDP ratio is high, above 13% on average, they tend to complement formal access and usage channels, thus enhancing financial inclusion. This “U shaped” relationship highlights the role of remittance flows in financing household consumption at low levels, while raising formal household bank savings and allowing for more intermediation, at high levels of remittance-to-GDP.
Detail Book of Do Remittances Enhance Financial Inclusion in LMICs and in Fragile States PDF
- Author : Mr.Sami Ben Naceur
- Release : 22 May 2020
- Publisher : International Monetary Fund
- ISBN : 9781513545394
- Genre : Business & Economics
- Total Page : 42 pages
- Language : English
- PDF File Size : 10,8 Mb
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