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Tuesday, July 21, 2020 | History

2 edition of Remittances and poverty in Ghana found in the catalog.

Remittances and poverty in Ghana

Richard H. Jr Adams

Remittances and poverty in Ghana

by Richard H. Jr Adams

  • 266 Want to read
  • 34 Currently reading

Published by World Bank in Washington, D.C .
Written in English


Edition Notes

StatementRichard H. Jr. Adams
SeriesPolicy research working paper -- 3838, Policy research working papers (Online) -- 3838.
ContributionsWorld Bank
Classifications
LC ClassificationsHG3881.5.W57
The Physical Object
FormatElectronic resource
ID Numbers
Open LibraryOL24486127M
LC Control Number2005399841

remittances, internal remittances reduce household’s expenditures, but they still remain above poverty line. Afridi and Mehmood () analyzed remittances poverty nexus at macro level by using data for the period () obtained from Pakistan Economic Survey (PES) along with Hand Book of Statistics by using PSM technique. African Diaspora Remittances are Better than Foreign Aid Funds. Adams Bodomo The African Diaspora has grown to become such an important source of foreign exchange for Africa to the extent that the African Union (AU) has designated it as a sixth development "zone" (Rita Edozie: The Sixthe Zone: The African Diaspora and the African Union's Global Era Pan Africanist, .

Adams uses income data from households with and without migrants to determine the effects of remittances on poverty, income distribution, and rural development. The study is based on a survey of 1, households conducted in 1 /87 in three villages in Minya Governorate, a province about kilometers south of Cairo. In this paper we study the evolution of remittances and risk of poverty threshold for nine emerging countries in the European Union and analyzed the evolution and trend of the share of remittances in the risk of poverty threshold. The analysis was performed on data taken from the Eurostat database for the period – The statistical analysis of the data showed that the Author: Anca Mehedintu, Georgeta Soava, Mihaela Sterpu.

  Datafication of remittances in Ghana. The second framing that is necessary for remittances to be ‘valued’ as a disembedded currency entails the acquisition and formatting of specific market agencies among remittance recipients and migrants as well as the agents that mediate remittance flows, e.g. mobile money agents. remittances transferred by African Diaspora on pro-poor finance, poverty alleviation and emergency aid in Africa. Remittances are fast, reach the poor directly, are therefore an effective means of relief and rehabilitation and provide benefits to many people at the bottom of society. The mainstream development sector could startFile Size: KB.


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Remittances and poverty in Ghana by Richard H. Jr Adams Download PDF EPUB FB2

The author uses a large, nationally representative household survey to analyze the impact of internal remittances (from Ghana) and international remittances (from African and other countries) on poverty in Ghana.

With only one exception, he finds that both types of remittances reduce the level, depth, and severity of poverty in Ghana. In empirical studies of remittances effects on poverty in Guatemala and Ghana, Adams ( Adams (, points that remittances have a larger impact on decreasing of.

Downloadable. The author uses a large, nationally representative household survey to analyze the impact of internal remittances (from Ghana) and international remittances (from African and other countries) on poverty in Ghana.

With only one exception, he finds that both types of remittances reduce the level, depth, and severity of poverty in Ghana. Abstract This paper uses a new, /06 nationally-representative household survey to analyze the impact of internal remittances (from Ghana) and international remittances (from African and other countries) on poverty and inequality in Ghana.

Keywords: Ghana, Remittances, Poverty, Economic growth. Introduction. Remittances are generally defined as that portion of migrants’ earn ings sent from the migration. Remittances to Sub-Saharan Africa grew almost 10 percent to $46 billion insupported by strong economic conditions in high-income economies.

Looking at remittances as a share of GDP, Comoros has the largest share, followed by the Gambia, Lesotho, Cabo Verde, Liberia, Zimbabwe, Senegal, Togo, Ghana, and Nigeria. Downloadable. This paper uses a new, /06 nationally-representative household survey to analyze the impact of internal remittances (from Ghana) and international remittances (from African and other countries) on poverty and inequality in Ghana.

To control for Remittances and poverty in Ghana book and endogeneity, it uses a two-stage multinomial logit model with instrumental variables focusing.

Bhasin, V. and C. Obeng () Trade Liberalisation, Remittances, Poverty and Income Distributions of Households in Ghana. Remittances, Microfinance and Development: Building the Links. 1, Bracking, S. and L. Sachikonye () Remittances, Poverty Reduction and the Informalisation of Household Wellbeing in Zimbabwe.

Abstract. The role of migration and remittances sent by the migrants is a matter of debate in the existing literature on migration research. Using the nationally representative data from the 64th round of National Sample Survey, this paper contributes to the debate about the impact of internal and international remittances on poverty reduction in Uttar Pradesh and : Imtiyaz Ali, Abdul C.

Jaleel, R. Bhagat. The number of international migrants is expected to surpass million this year, an all-time high, as people search for economic opportunity. And, fast growing developing countries have increasingly become a strong magnet for people from other parts of the developing world.

In a demonstration of. The extent of the impact of remittances include poverty reduction, narrowing of the inequality gap, education, infant mortality, entrepreneurship and finally growth (Giuliano and Ruiz-Arranz ; Vaaler ). The concentration of this study is the ability of the recipients of these remittances to channel these monies for financial inclusion Cited by: 6.

The paper investigates the activities of Nigerian diasporas in Ghana from the perspective of the money remitted to Nigeria for its economic growth. There are complexities and dynamism in patterns of migration, remittances and its attendants’ implications to economic growth within the sub-region of West Africa.

Although the impact of remittances on poverty is a widely examined topic, only a few studies shed light on this issue at the household level, especially in the case of Bangladesh. This study compares households with and without remittance receivers to estimate the poverty impact of remittances on a regional : Rezwana Rahman, Nurun Naher Moni.

This paper uses a new, /06 nationally-representative household survey to analyze the impact of internal remittances (from Ghana) and international remittances (from African and other countries) on poverty and inequality in Ghana. McKay, A., & Coulombe, H. With a Little Help from My Friends.

The Role of Remittances in?Poverty Reduction in Q. Wodon (Ed.), Migration, Remittances, And Poverty: Case Studies From West Africa World : A McKay, H Coulombe. This paper assesses the impact of the steadily growing remittance flows to sub-Saharan Africa (SSA).

Though the region receives only a small portion of the total recorded remittances to developing countries, and the volume of aid flows to SSA swamps remittances, this paper finds that remittances, which are a stable, private transfer, have a direct poverty mitigating effect.

remittances. For instance, household survey data show that remittances have reduced the poverty headcount ratio significantly in several LICs: by 11 percent in Uganda, 6 percent in Bangladesh and 5 percent in Ghana. In Nepal, remittances may explain a quarter to a half of the 11 percent reduction in the poverty head count ratio (Ratha ).

Sub Saharan African countries will see remittance flows drop by % to $37 billion in in the wake of the Covid economic crisis, according to a World Bank forecast.

In it. On the overall impact of both remittances and the brain drain in Ghana, income inequality becomes more severe. On the other hand, the overall impact on poverty reduction, it depends on the amount of remittances as well as the sector where the brain drain by: 1.

on remittances are difficult to administer and likely to drive the flows underground. In line with the improved global economic outlook, remittances to developing countries are expected to grow at about percent into $ billion.

Remittance costs. The global average cost of sending remittances has remained nearly flat at percent in. Gold, oil, and cocoa exports, and individual remittances, are major sources of foreign exchange. Expansion of Ghana’s nascent oil industry has boosted economic growth, but the fall in oil prices since reduced by half Ghana’s oil revenue.

Production at Jubilee, Ghana's first commercial offshore oilfield, began in mid-December Poverty in Africa presents a comprehensive picture on the extent of poverty in Africa and the institutional constraints to poverty reduction, Prepared by eminent economists the volume provides an analysis of poverty, income distribution and labour markets, and offers a range of tools for monitoring poverty and assessing the impacts of various poverty reduction programs.Remittances promote additional expenditures in the country, and this influences the opportunity to invest more [34].

Remittances are the source of foreign currency, encouraging higher savings and economic growth [35–38]. If remittances create a higher demand than the Cited by: 8.