Do Remittances Enhance Financial Inclusion in LMICs and in Fragile States?

Do Remittances Enhance Financial Inclusion in LMICs and in Fragile States?
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... READ MORE...

Publication date: May 2020
ISBN 9781513545394
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