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This study examines the potential of remittances for promoting economic growth and reducing poverty in Asian countries … using data for more than 20 countries in the region for 1988-2007. The results indicate that remittances positively affect … home country real gross domestic product (GDP) per capita growth. A 10% increase in remittances as a share of GDP leads to …
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Remittances to Asia plunged during the 1997 Asian financial crisis, but the drop was temporary as the flows were … send remittances have been adversely affected. The global nature of this crisis raises several questions such as whether it … examines remittances data to several Asian countries to shed light on such issues. The results suggest that while remittance …
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This paper examines the impact of remittances on economy and household welfare in Pakistan by using a general … a reduction in remittances, while the second is to show how remittances decrease the probability of being poor and … affect the household consumption expenditure and hence poverty. The findings suggest that reduction in remittances will …
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"This paper examines the performance of Asian asset management companies (AMCs). The analysis reveals that the AMCs vary in their design and performance. The paper claims that AMCs can trigger moral hazard-induced bank lending. Empirical examination of the Thai experience of AMCs reveals that...
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