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What is Remittances and Poverty in Sub-Saharan Africa about?

This working paper examines the impact of remittances on poverty and financial development in Sub-Saharan Africa (SSA), highlighting their role as stable private transfers that can mitigate poverty and promote financial growth. Despite SSA receiving a smaller share of global remittances compared to other regions, the paper finds that these flows are significant for local economies and can enhance access to formal financial services for unbanked households. The authors suggest that formalizing remittance cha

Author

ayomideosibodu123

Language

EN