The Impact of Remittances on Economic Development in Zimbabwe (2000-2015): An Econometric Model (OLS)

Priority Mubhawu, Victoria Masere, Primrose Gurira


This paper probes the impact of remittances on economic development in Zimbabwe using semi-annual time series data. Applying the Ordinary Least Squares (OLS) method in the study, the research found that remittances positively impact on economic development in Zimbabwe for the period under review. The results did confirm to other empirics except exports. Other important drivers of economic growth include Foreign Direct Investments, Unemployment; National Debt and Exports were also included in the model. The research confirmed that FDI’s has a negative effect on economic development and inflation had to be confirmed a positive effect. Recommendations were also given basing on the findings in this study.

Key terms: Economic Development, Remittances

Full Text: PDF
Download the IISTE publication guideline!

To list your conference here. Please contact the administrator of this platform.

Paper submission email:

ISSN (Paper)2222-1700 ISSN (Online)2222-2855

Please add our address "" into your email contact list.

This journal follows ISO 9001 management standard and licensed under a Creative Commons Attribution 3.0 License.

Copyright ©