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Remittances play strong role in employment stability across ECOWAS economies

Published on: Aug. 7, 2025, 10:19 p.m. | Source: Devdiscourse

The findings reveal that FDI plays a significant role in driving employment, as it introduces capital, technology, and competitive dynamics into host economies. Inflows of FDI have been shown to raise employment levels, supporting poverty reduction and economic development. The study reports that for every unit increase in FDI, there is a measurable boost in job creation, confirming its centrality to ECOWAS labour markets.

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