Date of Submission
Open Access Senior Thesis
Bachelor of Arts
2020 Jordan G Kouassi
This paper explores the effects of savings account ownership on remittances and payment services in Sub-Saharan Africa through the lens of a field experiment executed in Central Malawi. Remittances are a major form of financial support for SSA and Sub-Saharan Africans. Through the use of a cross section analysis I find a positive significant relationship between account ownership and the likelihood to send and receive a remittance. Specifically, I find account ownership can increase the likelihood of sending a remittance by 8.75 times and increase the likelihood of receiving a remittance by 10.18 times.
Kouassi, Jordan, "Formal Savings Uptake as a Catalyst for Remittances in Sub-Saharan Africa" (2020). CMC Senior Theses. 2366.