Remittances and International Trade in Africa

Gloria Clarissa O. Dzeha (), Joshua Yindenaba Abor () and Robert Lensink
Additional contact information
Gloria Clarissa O. Dzeha: Central Business School, Central University
Joshua Yindenaba Abor: University of Ghana Business School

Chapter Chapter 19 in The Palgrave Handbook of International Trade and Development in Africa, 2024, pp 363-383 from Springer

Abstract: Abstract Remittances have been recognized to support economic growth by affording alternate financial channels as formal channels to finance investment and also supporting the ease of liquidity constraints in household’s businesses. International trade also allows countries to expand their markets and access goods and services that otherwise may not have been available domestically. Increasing regional and economic integration has encouraged international trade as well as enhanced labour mobility and consequently increased flows of remittances across the globe. While each of both occurrences is encumbered with the movement of foreign currencies, which impacts other macroeconomic variables (inflation, interest rate, and unemployment) within an economy, the extant literature has not extensively studied these two phenomena together and consequently the relationships that exist between the two and their combined impact on economies. In this chapter, we provide an overview of remittances and their importance to Africa. We also discuss the importance of international trade. We then examine the link between remittances and international trade and how both affect African economies.

Keywords: Remittances; International trade; Africa (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-65715-3_19

Ordering information: This item can be ordered from
http://www.springer.com/9783031657153

DOI: 10.1007/978-3-031-65715-3_19

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().