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41.1 Introduction 41.1 Introduction
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41.1.1 Evidence on Cameroon’s Emigration and Remittances Inflows 41.1.1 Evidence on Cameroon’s Emigration and Remittances Inflows
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41.1.1.1 Cameroon’s Emigration Trends 41.1.1.1 Cameroon’s Emigration Trends
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41.1.1.2 Remittance Flows to Cameroon 41.1.1.2 Remittance Flows to Cameroon
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41.2 Challenges in the Definition and Measurement of Remittances 41.2 Challenges in the Definition and Measurement of Remittances
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41.2.1 Challenges in Defining Remittances: Formal versus Informal Remittances 41.2.1 Challenges in Defining Remittances: Formal versus Informal Remittances
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41.2.2 Challenges in Collecting and Measuring Remittances 41.2.2 Challenges in Collecting and Measuring Remittances
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41.3 Methodological Challenges in Analyzing the Determinants of Remittances 41.3 Methodological Challenges in Analyzing the Determinants of Remittances
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41.3.1 Methodology Based on Household Survey Data 41.3.1 Methodology Based on Household Survey Data
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41.3.2 Methodology Based on Time Series Analysis 41.3.2 Methodology Based on Time Series Analysis
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41.4 Microeconomic and Macroeconomic Implications of Remittances 41.4 Microeconomic and Macroeconomic Implications of Remittances
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41.4.1 Macroeconomic Implications of Remittances 41.4.1 Macroeconomic Implications of Remittances
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41.5 Mobilizing Diaspora Resources to Support Cameroon’s Economic Transformation 41.5 Mobilizing Diaspora Resources to Support Cameroon’s Economic Transformation
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Notes Notes
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References References
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41 The Economics of Migration and Remittances: new opportunities
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Published:26 January 2023
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Abstract
Cameroon international emigration pattern turned from an elite education-type of migration to a more adventurous type following the 1980s economic crises. More young Cameroonians aspired to escape economic hardships and find jobs especially in developed countries. Migration is more a family’s decision where the family invests in the costs of migration and in return, expects the migrant to send remittances. Remittance inflows spiked over the past decades and have replaced foreign direct investments. With a strong and educated diaspora abroad especially in OCED, Cameroon has a great opportunity to tap into their human, financial, and social capital to boost its economic transformation and create good jobs for those left behind.
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