Remittances
Source
Sources
- Remittances at the Post Office in Africa - Serving the Financial Needs of Migrants and their Families in Rural Areas, IFAD (2016)
- Migration and Remittances. Recent Developments and Outlook. KNOMAD - World Bank (2019)
- Remittances and Financial Access: Evidence from Sub-Saharan Africa. K. Tah (2019) - Cogent Economics and Finance (2019), 7: 1570581
- Migration, Remittances and Resilience in Africa. United Nations university (UNU).
- Do migrant remittances contribute to a decline in the level of malnutrition in Sub-Saharan Africa?. H. Sambo - Paris XIII University. Africa Finance Forum Blog - MFW4A.
- Market barriers to remittances in sub-Saharan Africa (SSA) - Volume 2. CENFRI (2018)
Remittances are non-reciprocal transfers of money from an individual or household in one place to another individual or household in another place (Hougaard, 2008). They can take many forms but are typically associated with working migrants that send regular amounts of money to support their families and communities back home. The advantage of these payments is that they usually increase household income and can also lead to higher household savings and investments which has a positive effect on education, health care and human capital development (Gupta & Pattillo CA, 2009; Hassan, et al., 2017) (Cenfri, 2018).
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