Revisiting the growth and poverty effects of remittances in the African context
| Project/Area Number |
21K01514
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Multi-year Fund |
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| Section | 一般 |
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| Review Section |
Basic Section 07040:Economic policy-related
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| Research Institution | Ritsumeikan University |
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Principal Investigator |
MASWANA J.C. 立命館大学, 経済学部, 教授 (30378525)
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| Project Period (FY) |
2021-04-01 – 2024-03-31
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| Project Status |
Completed (Fiscal Year 2023)
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| Budget Amount *help |
¥4,160,000 (Direct Cost: ¥3,200,000、Indirect Cost: ¥960,000)
Fiscal Year 2023: ¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000)
Fiscal Year 2022: ¥2,210,000 (Direct Cost: ¥1,700,000、Indirect Cost: ¥510,000)
Fiscal Year 2021: ¥780,000 (Direct Cost: ¥600,000、Indirect Cost: ¥180,000)
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| Keywords | Remittances / Resilience / COVID-19 / Microfinance / Economic growth / Poverty reduction / Africa |
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| Outline of Research at the Start |
Although remittances have grown to become the largest source of external financing for many African countries, there is still no convincing empirical investigation on their effects in affecting economic growth and poverty alleviation via the growing ICT-based micro-financial channels. Taking advantage of the recently available datasets in migrants' remittances, this research fills in this gap by extending the Romer's benchmark New growth model to account for migrants’ remittances and ICT to explore the related hypotheses.
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| Outline of Annual Research Achievements |
In fiscal year 2023, the research agenda underwent significant modifications due to the disruptions stemming from the COVID-19 pandemic. The adjusted focus integrated both microeconomic and macroeconomic analyses to capture a comprehensive picture of economic impacts. From a microeconomic standpoint, the study evaluated the impacts of the pandemic on remittances and the resilience of small and medium-sized enterprises (SMEs), utilizing survey data collected from Indonesian SMEs in 2022. This aspect aimed to uncover the adaptive strategies and financial health of SMEs in a turbulent economic landscape. On the macroeconomic front, the research explored the role of remittance inflows into low-income countries in potentially facilitating their readiness for AI adoption, examining the interaction between external financial flows and technological preparedness. This included analyzing the extent to which these inflows could have mitigated economic shocks and supported investments in digital infrastructure, thus paving the way for more effective integration of AI technologies.
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Report
(3 results)
Research Products
(5 results)
