International Journal of Social Science & Economic Research
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Title:
REMITTANCES AND FINANCIAL INCLUSION IN AFRICA: A LONG RUN APPROACH

Authors:
NINGAYE Paul, ABBA YADOU Barnabe, BALLA MEKONGO Ghislain

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1NINGAYE Paul, 2ABBA YADOU Barnabe, 3BALLA MEKONGO Ghislain
1,2,3. University of Dschang, Cameroon

MLA 8
Paul, NINGAYE, et al. "REMITTANCES AND FINANCIAL INCLUSION IN AFRICA: A LONG RUN APPROACH." Int. j. of Social Science and Economic Research, vol. 5, no. 6, June 2020, pp. 1512-1532, ijsser.org/more2020.php?id=106. Accessed June 2020.
APA
Paul, N., Barnabe, A., & Ghislain, B. (2020, June). REMITTANCES AND FINANCIAL INCLUSION IN AFRICA: A LONG RUN APPROACH. Int. j. of Social Science and Economic Research, 5(6), 1512-1532. Retrieved from ijsser.org/more2020.php?id=106
Chicago
Paul, NINGAYE, ABBA YADOU Barnabe, and BALLA MEKONGO Ghislain. "REMITTANCES AND FINANCIAL INCLUSION IN AFRICA: A LONG RUN APPROACH." Int. j. of Social Science and Economic Research 5, no. 6 (June 2020), 1512-1532. Accessed June, 2020. ijsser.org/more2020.php?id=106.

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Abstract:
This paper examines the link between migrant remittances and financial inclusion in Africa. Our sample consists of 29 African countries from 2004 to 2017. Using a system GMM and a Pooled Mean Group (PMG), we find that migrant remittances have a negative short-term but positive long-term effect on financial inclusion. In addition, migrant remittances increase access to financial services in the long run. However, remittances have a negative effect on the use of financial services. To benefit from migrant remittances, it would be useful to lower the transaction costs of migrant remittances and adopt financial instruments that can better channel these flows to productive sectors.

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