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Africa’s Money in Africa: Human and Physical Capital Dimensions

Osabuohien, E. S. C. and Efobi, Uchenna (2014) Africa’s Money in Africa: Human and Physical Capital Dimensions. In: Global Diaspora and Development: Socioeconomic, Cultural and Policy Perspectives. Springer, New Delhi, pp. 87-104. ISBN 978-81-322-1047-4

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Some studies contest that remittance induces ‘careless spending’; others posit that it can promote economic development particularly through human and physical capital. This study observes that not much empirical work that examines the impact of remittance on human and physical capital in Africa has been carried out. The main objective of the study was achieved by using a sample of African countries. It was found that remittance impacts both human and physical capital positively and significantly, principally when it is complimented with sound institutions. In effect, institutions help to improve the linkage between remittance human and physical capital

Item Type: Book Section
Subjects: H Social Sciences > H Social Sciences (General)
Depositing User: Dr Evans S. Osabuohien
Date Deposited: 04 May 2015 09:09
Last Modified: 24 Aug 2015 12:08

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