Showing 1 - 10 of 268
We introduce non-tradable goods to the Heckscher-Ohlin-Samuelson (HOS) model to study the distributive effects of terms of trade shocks. We show that the employment of resources in activities producing exclusively for the local market induces a crucial association between domestic spending and...
Persistent link: https://www.econbiz.de/10014402915
payments, remittances, and securities settlement processes in El Salvador, based on international standards and best practices …
Persistent link: https://www.econbiz.de/10012247391
an important source of revenue. It also analyzes recent developments and the outlook for remittances to Kiribati, which …
Persistent link: https://www.econbiz.de/10014404533
worker remittances. It addresses the many common policy challenges facing Central American countries--Costa Rica, El Salvador …
Persistent link: https://www.econbiz.de/10014404802
changing structure of Cape Verde’s balance-of-payments financing calls for a closer look at the volatility of remittances and … their role as an absorber of economic shocks. The paper finds that compared with other external inflows, remittances … seems to be gradually fading, and remittances are becoming increasingly procyclical …
Persistent link: https://www.econbiz.de/10014406817
The Selected Issues paper and Statistical Appendix on Cape Verde review determinants of emigrant deposits (ED). EDs have provided a substantial source of foreign exchange to the Cape Verdean economy, and have been vital in maintaining the fixed exchange rate. Prospects for growth in Cape Verde...
Persistent link: https://www.econbiz.de/10014405875
Hawala and other remittance systems have gained attention in recent years with the substantial growth of remittance flows from countries with large migrant labor forces and with increased focus on combating money laundering and the financing of terrorism. The IMF and the World Bank have been...
Persistent link: https://www.econbiz.de/10014401909
This paper explores the role of foreign aid and remittance inflows in the mitigation of the effects of food price shocks. Using a large sample of developing countries and mobilising dynamic panel data specifications, the econometric results yield two important findings. First, remittance and aid...
Persistent link: https://www.econbiz.de/10014396964
particular, the contribution that external inflows, in the form of workers’ remittances and concessional lending, may have made …
Persistent link: https://www.econbiz.de/10014397422
classifications related to remittances. It is consistent with the new standards for measuring balance of payments transactions, as … are used globally to compile comprehensive and comparable data. The RCG identifies the main remittances compilation … manual providing compilation guidance for remittances and is also the first compilation guide based on concepts set out in …
Persistent link: https://www.econbiz.de/10014411740