The Impact of Diaspora Remittances on Economic Growth: Evidence from Zimbabwe

dc.contributor.advisorAlhassan, Abdul Latif
dc.contributor.authorMunanga, Makore Day
dc.date.accessioned2021-02-16T15:38:06Z
dc.date.available2021-02-16T15:38:06Z
dc.date.issued2020
dc.date.updated2021-02-16T13:53:15Z
dc.description.abstractThis research examined the impact of diaspora remittances on the economic growth of Zimbabwe using data collected from 1995 to 2018. The study further assessed whether the impact was realisable in the short-run or in the long-run. The results from the cointegration test and the causality test show that Diaspora Remittances have a long-run causal impact on economic growth in Zimbabwe. The results also show that the causal impact is unidirectional running from remittances to economic growth. In the short-run, the results reflected that remittances were failing to have a significant impact on the country's economic growth. These findings thus suggest that the nation of Zimbabwe requires complete and concise solutions to drive the country's economic growth. Particular attention should be paid to the country's growth enhancers in the long-term like diaspora remittances. The policy-makers should strive to develop a strong institutional framework that facilitates the channeling of remittances to productive uses. Finally, the policy-makers should craft policies that aim at increasing the diaspora remittances inflows through formal channels as one of the measures to enhance sustainable economic growth of the country.
dc.identifier.apacitationMunanga, M. D. (2020). <i>The Impact of Diaspora Remittances on Economic Growth: Evidence from Zimbabwe</i>. (). ,Faculty of Commerce ,Graduate School of Business (GSB). Retrieved from http://hdl.handle.net/11427/32876en_ZA
dc.identifier.chicagocitationMunanga, Makore Day. <i>"The Impact of Diaspora Remittances on Economic Growth: Evidence from Zimbabwe."</i> ., ,Faculty of Commerce ,Graduate School of Business (GSB), 2020. http://hdl.handle.net/11427/32876en_ZA
dc.identifier.citationMunanga, M.D. 2020. The Impact of Diaspora Remittances on Economic Growth: Evidence from Zimbabwe. . ,Faculty of Commerce ,Graduate School of Business (GSB). http://hdl.handle.net/11427/32876en_ZA
dc.identifier.ris TY - Master Thesis AU - Munanga, Makore Day AB - This research examined the impact of diaspora remittances on the economic growth of Zimbabwe using data collected from 1995 to 2018. The study further assessed whether the impact was realisable in the short-run or in the long-run. The results from the cointegration test and the causality test show that Diaspora Remittances have a long-run causal impact on economic growth in Zimbabwe. The results also show that the causal impact is unidirectional running from remittances to economic growth. In the short-run, the results reflected that remittances were failing to have a significant impact on the country's economic growth. These findings thus suggest that the nation of Zimbabwe requires complete and concise solutions to drive the country's economic growth. Particular attention should be paid to the country's growth enhancers in the long-term like diaspora remittances. The policy-makers should strive to develop a strong institutional framework that facilitates the channeling of remittances to productive uses. Finally, the policy-makers should craft policies that aim at increasing the diaspora remittances inflows through formal channels as one of the measures to enhance sustainable economic growth of the country. DA - 2020_ DB - OpenUCT DP - University of Cape Town KW - Development Finance LK - https://open.uct.ac.za PY - 2020 T1 - The Impact of Diaspora Remittances on Economic Growth: Evidence from Zimbabwe TI - The Impact of Diaspora Remittances on Economic Growth: Evidence from Zimbabwe UR - http://hdl.handle.net/11427/32876 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/32876
dc.identifier.vancouvercitationMunanga MD. The Impact of Diaspora Remittances on Economic Growth: Evidence from Zimbabwe. []. ,Faculty of Commerce ,Graduate School of Business (GSB), 2020 [cited yyyy month dd]. Available from: http://hdl.handle.net/11427/32876en_ZA
dc.language.rfc3066eng
dc.publisher.departmentGraduate School of Business (GSB)
dc.publisher.facultyFaculty of Commerce
dc.subjectDevelopment Finance
dc.titleThe Impact of Diaspora Remittances on Economic Growth: Evidence from Zimbabwe
dc.typeMaster Thesis
dc.type.qualificationlevelMasters
dc.type.qualificationlevelMCom
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