A new research titled “The effects of remittances on economic growth: Reexamining the role of institutions ” by Mr. Haruna Issahaku, Professor Joshua Yindenaba Abor and Professor Mohammed Amidu.

A recently published paper of Mr. Haruna Issahaku, Professor Joshua Yindenaba Abor and Professor Mohammed Amidu find that:

1. Remittances stimulate economic growth only in low income and lower middle-income countries.

2. Remittances together with domestic institutions in low income and lower middle-income countries promote growth.

3. Institutions in upper middle and high-income countries act as substitutes to remittances to promote growth.

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