The Effect of Diaspora Remittances on Economic Growth in Malawi

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dc.contributor.authorChivundu, Renata
dc.contributor.authorSuphian, Robert
dc.contributor.authorSungsoo, Kim
dc.date.accessioned2018-03-22T06:38:12Z
dc.date.available2018-03-22T06:38:12Z
dc.date.issued2017
dc.description.abstractThis paper examines the effect of Diasporas’ remittance on economic growth in Malawi by using an auto regressive distributed lag (ARDL) model or Bound Testing approach. The study employed time series data for Malawi from 1985 to 2015. The outcome of the study revealed that, the impact of Diasporas’ remittances during the study period is positive and significant. Besides this, the other growth determinant factor which was found positive and has significant effect on economic growth of Malawi was official development assistance (ODA) while population growth was significant but negatively affected growth. The effect of other determinant factors on economic growth of Malawi happened to be insignificant. This study therefore recommends that the government of Malawi should work on policies which would encourage the Malawians in the Diaspora to remit more to their country. This includes easing the receiving processes of remittances, introducing dual citizenship, and engaging Diaspora in the development plan of Malawi.en_US
dc.identifier.citation6.2 Chivundu, R., Suphian, R. and Kim, S. (2017), The Effect of Diaspora Remittances on Economic Growth in Malawi, Journal of Area Studies, Vol. 35, No. 4, pp. 163-193en_US
dc.identifier.urihttp://hdl.handle.net/20.500.11810/4620
dc.language.isoenen_US
dc.publisherJournal of Area Studiesen_US
dc.subjectDiasporas’ remittances, Economic Growth, ARDL, Malawien_US
dc.titleThe Effect of Diaspora Remittances on Economic Growth in Malawien_US
dc.typeJournal Article, Peer Revieweden_US
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