Remittance Inflows and Economic Development in Rwanda

By Dr. Edward Kadozi

This thesis examines the effects of remittances on economic development and the intermediate role of institutional and development factors. It examines the development impact of remittances in Sub-Saharan African (SSA) countries for the period between 1980 and 2014, with a particular focus on Rwanda. The findings find no significant effect of remittances on economic growth in the SSA region. This seems to imply that the remittance-growth effect plays out differently within the region. Similar findings reveal that on average, the remittance-growth impact is positively and significantly influenced by a country’s level of development, financial development and education.

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