: 10.56472/25835238/IRJEMS-V4I9P113
Dr. AKODA Komla, Dr. EKPENTE Lémmi. "Terrorism, Migrant Remittances and Domestic Investment in Togo" International Research Journal of Economics and Management Studies, Vol. 4, No. 9, pp. 115-123, 2025. Crossref. http://doi.org/10.56472/25835238/IRJEMS-V4I9P113
In recent years, with a decline in Foreign Direct Investment (FDI) and Official Development Assistance (ODA), migrant remittances (MTRs) have become a significant source of external financing for some developing countries (DCs) at a time when they are facing the emergence of terrorism. However, opinions differ as to their impact on the economies of migrants' countries of origin; hence, the purpose of this analysis is to determine the effect of remittances on domestic investment in the Togolese context. The results obtained over the period 2000-2023, using the fully modified least squares (FMOLS) method developed by Phillips and Hansen (1990), indicate that MFTs stimulate domestic investment, leading to measures being taken to encourage the Togolese diaspora to invest more in the country to maximise their potential benefits. Our results also show that terrorism has a negative impact on domestic investment, hence the need to strengthen counter-terrorism measures.
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Migrant Remittances, Domestic Investment, Terrorism, Fully Least Squares Method.