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  • 标题:The necessity of financial inclusion for enhancing the economic impacts of remittances
  • 本地全文:下载
  • 作者:Anh Tu Chuc ; Weiqing Li ; Nguyet Thi Minh Phi
  • 期刊名称:Borsa Istanbul Review
  • 印刷版ISSN:2214-8450
  • 出版年度:2022
  • 卷号:22
  • 期号:1
  • 页码:47-56
  • 语种:English
  • 出版社:Elsevier B.V.
  • 摘要:International remittances by immigrants to their home countries is key in the funding development in migrant-sending countries. This study investigates the combined impact of international remittance inflows and financial inclusion on economic growth using a sample of 60 low- and middle-income countries over 1996–2017. The study constructs a composite financial inclusion index using principal component analysis. The results show that financial inclusion could strengthen the growth-enhancing effect of remittances. Thus, the study helps explain the development dilemma of remittance inflows and financial inclusion in migrant-sending countries to boost their economic growth.
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