of migrant workers from South Asia during 2006–08. The remittances-to-GDP ratio in South Asia and the Philippines are … Asia and the Philippines in 2009. The empirical analysis suggests that the continued strong growth of remittances in these …This Selected Issues paper analyzes the surprising strength of remittances in Bangladesh and other countries in South …

This paper analyzes the determinants of remittances to Tonga. The results indicate that macroeconomic conditions in … remitting countries and exchange rate fluctuations influence remittances. In particular, remittances growth falls when the … analysis also finds that the influence of these determinants varies with the recipients of remittances, with remittances to non …

of foreign debt acts as a disincentive to private investment in the specific case of the Philippines. The empirical …While there is a substantial body of literature on the effects of “debt overhang” on investment in heavily … reduction (such as the one completed through the buyback operation in early 1990) would increase investment demand by something …

, the role of remittances in the economy, and the policy response to rapid credit growth. It also analyzes the official … payments. It also provides a framework for analyzing the budgetary impact of remittances in Albania, and examines the …

This Selected Issues paper reports that the Philippines is influenced by global developments through both trade and … financial channels. Weaker global growth hurts demand for Philippine exports, which in turn affects consumption and investment …