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 |
Section | 一般 |
Review Section |
Basic Section 07040:Economic policy-related
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Research Institution | Ritsumeikan University |
Principal Investigator |
MASWANA J.C. 立命館大学, 経済学部, 教授 (30378525)
|
Project Period (FY) |
2021-04-01 – 2024-03-31
|
Project Status |
Granted (Fiscal Year 2022)
|
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)
|
Keywords | Remittances / Resilience / COVID-19 / Microfinance / Economic growth / Poverty reduction / Africa |
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 |
During the fiscal year of 2022, our research team conducted interviews with micro finance institutions (MFIs) and surveys of small and medium-sized enterprises (SMEs) in Indonesia between July and September. Additionally, we continued our work on a paper investigating the impact of workers' remittances channeled through MFIs on poverty reduction, which has since been completed. Furthermore, we extended and updated our research to examine the effects of the COVID-19 pandemic on the relationship between remittances and resilience, resulting in a survey-based paper that has been accepted for presentation at the 98th annual conference of the Western Economic Association (WEAI) from July 1-6, 2023 in San Diego, California, USA.
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Current Status of Research Progress |
Current Status of Research Progress
2: Research has progressed on the whole more than it was originally planned.
Reason
The COVID-19 pandemic affected the progress of the overall research, particularly in the first two years.
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Strategy for Future Research Activity |
The three completed papers of the present research grant are expected to be submitted for publication and presented to two international conferences, including to the 2024 AEA/ASSA Conference to be held on January 5-8, 2024 in San Antonio, Texas (USA).
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Report
(2 results)
Research Products
(1 results)