Abstract:The study investigated the relationship between personal international remittances received and gross enrolment ratio in Colombia. There are three hypotheses explaining the relationship between personal international remittances and education (human capital development). These are (1) remittances-led education hypothesis, (2) education-led remittances hypothesis and (3) neutrality hypothesis that says there is no relationship at all between these two variables. Although majority of the empirical studies suppor… Show more
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