The undeniable importance of migrants’ remittances to the welfare of developing countries was again demonstrated during the COVID-19 pandemic. This has therefore led to a significant shift in attention to the relevance of remittances and has likewise spurred research interest in factors that motivate the inflows of remittances. However, in spite of the increasing recognition of the roles of digital technology in the macroeconomic performance of developed and developing economies alike, empirical analysis of its possible impacts on remittance inflows has not been well explored in the literature. Therefore, pooling the annual data of 35 sub-Saharan African (SSA) countries from 2011 to 2020, this study investigates the nexus between digital technology and remittance inflows within the generalized method of moments (GMM) framework. Using two measures of digital technology infrastructure—internet usage and mobile cellular subscription—the study finds a positive relationship between digital technology and remittances inflow. In addition, the findings indicate that the magnitude of the effect is relatively higher for internet usage. The study thus shows that the increased rate of remittance mobilization constitutes a significant pathway through which digital technology impacts the economies of the SSA region. Moreover, it offers further insight on the importance of digital technology in the socioeconomic development of developing countries. From a policy standpoint, governments and policymakers in SSA countries should intensify efforts to promote the diffusion and penetration of digital infrastructure.
This paper argues for a novel approach to financing infrastructure needs in Arab countries. It first describes the context of rising public debt in the region, contrasting it with the vast infrastructure needs. It then discusses the challenges in meeting these needs with traditional financing. The paper then makes the case for maximizing finance for development by using public-private partnerships and presents a few successful examples in Arab countries. Finally, the paper explores the way forward and concludes on the need for strong state capacity and integrity to promote the “maximizing finance for development” approach.
This study investigates the role of agricultural exports as a potential engine of economic growth in South Africa, employing a cointegration and error correction model (ECM) framework on time series data from 1980 to 2023. The results confirm a long-run equilibrium relationship between agricultural exports and economic growth, with lagged total exports and employment significantly influencing GDP growth in the short run. However, other factors like foreign direct investment, gross capital formation, and population growth did not exhibit a statistically significant impact. These findings underscore the importance of agricultural exports in driving South Africa’s economic growth. To further enhance this potential, the study recommends establishing a consistent and transparent policy environment to foster investor confidence and long-term planning in the agricultural sector, expanding the range of agricultural exports to reduce vulnerability to external shocks and enhance overall economic resilience and streamlining customs procedures, reducing trade barriers, and improving logistics to enhance the competitiveness of South African agricultural exports in the global market. These policy recommendations, grounded in empirical evidence, offer a roadmap for harnessing the full potential of agricultural exports to drive sustainable economic growth in South Africa.
Homelessness is a global social issue that has affected various nations around the world, including South Africa. The instances of homelessness began during the apartheid era in South Africa and have since risen to alarming levels in provinces such as Gauteng, Western Cape, and KwaZulu-Natal, as reported in the 2022 census. Despite the lack of comprehensive research on homelessness in South Africa, this study conducted a scoping review to evaluate research completed on homelessness from independence to 2020 in the country. The scoping review followed the Preferred Reporting Item for Systematic Reviews and Meta-Analyses (PRISMA) guidelines and involved a systematic search of the Development Southern Africa and Urban Forum databases. A total of 72 research articles were identified, with 10 meeting the inclusion and exclusion criteria for the review, which were then analyzed using thematic analysis. The study identified several key themes, including homelessness as a reflection of patriarchal systems, gender-based conflicts leading to homelessness, proactive and reactive interventions by non-state actors for homeless individuals, and the quantitative focus of research on homelessness in South Africa from independence to the present day. The study presents the applicability of these findings to tackle homelessness in Papua New Guinea and recommends the use of mixed methods approaches to research homelessness in South Africa to gain a more comprehensive understanding of the various dimensions of homelessness in the country.
Copyright © by EnPress Publisher. All rights reserved.