Do Remittances Enhance Financial Inclusion In Lmics And In Fragile States
Download Do Remittances Enhance Financial Inclusion In Lmics And In Fragile States full books in PDF, epub, and Kindle. Read online free Do Remittances Enhance Financial Inclusion In Lmics And In Fragile States ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Do Remittances Enhance Financial Inclusion in LMICs and in Fragile States?
Author | : Mr.Sami Ben Naceur |
Publisher | : International Monetary Fund |
Total Pages | : 42 |
Release | : 2020-05-22 |
Genre | : Business & Economics |
ISBN | : 1513545396 |
Download Do Remittances Enhance Financial Inclusion in LMICs and in Fragile States? Book in PDF, Epub and Kindle
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.
Do Remittances Enhance Financial Inclusion in LMICs and in Fragile States? Related Books
Pages: 42
Pages: 52
Pages: 51
Pages: 901
Pages: 94