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The Impact of Migrant Remittances on Poverty Reduction in Selected African Countries

The Impact of Migrant Remittances on Poverty Reduction in Selected African Countries

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DEDICATION

This research material, titled “The Impact of Migrant Remittances on Poverty Reduction in Selected African Countries” is dedicated to God for His boundless grace and guidance. It is also a tribute to all computer enthusiasts whose contributions made my research journey smoother and enriched my documentation process, making the experience truly fulfilling.



ACKNOWLEDGEMENT

I am profoundly grateful to everyone who contributed to the successful completion of this project. I am especially grateful to my Supervisor (Name), the Head of Department (Name), and the Lecturers in the Department of Business Administration and Management (BAM) for their invaluable guidance and support. I also acknowledge the contributions of authors and scholars whose works on The Impact of Migrant Remittances on Poverty Reduction in Selected African Countries provided essential insights. Special thanks go to my study area (and any funding organizations, if applicable) for their financial assistance. I am equally thankful to stakeholders, including mentors, teachers, and colleagues, for their encouragement and support. Finally, I deeply appreciate my family and friends for their patience and unwavering support throughout this journey. Your contributions have been instrumental in making this research a reality.



TABLE OF CONTENTS

PRELIMINARY PAGES

CHAPTER ONE

INTRODUCTION

    CHAPTER TWO

    LITERATURE REVIEW

    • 2.1 Introduction
    • 2.2 Conceptual Review
    • 2.3 Theoretical Framework
    • ⋮
    • 2.4 Empirical Studies
    • 2.5 Research Gaps
    • 2.6 Summary of Literature Review

    CHAPTER THREE

    RESEARCH METHODOLOGY

    • 3.1 Introduction
    • 3.2 Research Design
    • 3.3 Population of Study
    • 3.4 Sampling and Sampling Technique
    • 3.5 Validation of Research Instrument
    • 3.6 Method of Data Collection
    • 3.7 Method of Data Analysis
    • 3.8 Questionnaire Administration
    • 3.9 Ethical Consideration
    • 3.10 Statistical Analysis

    CHAPTER FOUR

    DATA ANALYSIS, RESULT AND DISCUSSION

    • 4.1 Introduction
    • 4.2 Presentation and Analysis of Data
    • 4.3 Re-statement of Research Questions
    • 4.4 Test of Hypotheses
    • 4.5 Discussion of Findings

    CHAPTER FIVE

    SUMMARY, CONCLUSION AND RECOMMENDATION

    • 5.1 Introduction
    • 5.2 Summary of Findings
    • 5.3 Conclusion
    • 5.4 Recommendation
    • 5.5 Suggestion for Further Study

    REFERENCES

    APPENDIX A - “QUESTIONNAIRE”


    ABSTRACT

    International remittance is fast becoming a stable potential source of household income. Migrant remittances have generated a lot of academic interests because of its potential benefits to the individuals, households, local communities and national economies. This is because unlike other sources of financial inflows like FDI and ODA, it is usually counter cyclical to the economies of its recipients.

    This study using the Ravallion poverty growth nexus empirically examined the cushioning effects of international migrant remittances on poverty reduction in selected African countries. Secondary data colleted from IFS and global development finance were analyzed using the OLS panel regression method with the PCgive econometric package.

    The following were found:international migrant remittances to Africa reduce poverty incidence by 3.2% for every 10% increase in remittances; and poverty depth by 4.2% for every 10% increase in remittance flows, and Per-Capita Income (PCY) reduces poverty depth by 3.13% and incidence by 3.0% in the selected countries of Africa for every 10% increase in per capita income.

    This study recommends the following:to the governments of the recipient countries in conjunction with their financial institutions- an improved records on remittance flows to aid research; and better immigration policies to aid the migration. To the governments of the host countries, this study recommends that bottleneck policies which inhibit discretional remittances as willed by migrants to their home lands should be reviewed. This calls for a review of the minimum external transferable funds by people


    The Impact of Migrant Remittances on Poverty Reduction in Selected African Countries

    CHAPTER ONE

    1.1 Introduction

    … As a prelude to other parts of this study, this chapter will discuss the background upon which this study was initiated, the statement of problems that led to this study, the Aim and Objectives of the study. Others are Significance of the study, Scope of work, Research hypothesis and questions, Limitation of the study and Definition of technical terms.…

    CHAPTER TWO

    2.0 Literature Review

    2.1 Introduction

    This chapter focuses on the review of related literature. A literature review includes the current knowledge as well as theoretical and methodological contributions to a particular topic. It documents the state of the art with respect to the topic you are writing. It surveys the literature in the topic selected. In this research work the literature review includes the conceputal review, theoretical framework, the review of related literature …

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