Abstract |
For many African households, remittances are a very important source of finance and foreign exchange, helping to supplement regular incomes and to build human capital. Remittance receiving households are typically better off than their non-receiving counterparts. Remittances increase household incomes and are therefore a powerful anti-poverty force in African countries. Given the diversity of the African region, the paper uses Kenya as a case study to enhance our understanding of remittance flows. Specifically, the paper looks at trends in Diaspora remittances, source markets for remittances, remittances as a share of Gross Domestic Product, and finally the uses of Diaspora remittance. |