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

This Selected Issues paper on Samoa reports that remittances are the main source of foreign exchange to the Samoan … economy. In addition to remittances, travel credits also play an important role in the economy. Official transfers are also … significant, and should remain an important source of balance-of-payments support over the medium term. Remittances are relatively …

This Selected Issues paper analyzes the macroeconomic impact of workers’ remittances on Moldova. The paper focuses on … consequences of migration. The survey results are broadly consistent both with the findings from balance-of-payments data and with … the stylized facts in the labor migration literature. The paper also examines various indicators to assess the …

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 …

This Selected Issues paper on Mexico presents econometric investigation of the cyclical determinants of remittances to … Mexico. The aggregate U.S. business cycle is not necessarily relevant for remittances. Remittances to Mexico do show a ….S. construction sector seem to be especially important as well as remittances for certain regions of Mexico with high rates of …

The dominant role of remittances in Comoros’s economy presents policymakers with important challenges and …