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which remittances affect economic activity. The empirical evidence does not clearly support the purported short …
Persistent link: https://www.econbiz.de/10005604780
effect on these economies. The paper estimates the impact of remittances on output stability for countries that are dependent … find robust evidence that remittances have a negative effect on output growth volatility of recipient countries. This … result supports the notion that remittance flows are a stabilizing influence on output. Thus, the fall in remittances …
Persistent link: https://www.econbiz.de/10004999978
undeniable that remittances have poverty-alleviating and consumption-smoothing effects on recipient households, a key empirical …Over the past decades, workers' remittances have grown to become one of the largest sources of financial flows to … is both correlated with remittances and would only be expected to affect growth through its effect on remittances. The …
Persistent link: https://www.econbiz.de/10008528660
The paper studies how high leverage and crises can arise as a result of changes in the income distribution. Empirically, the periods 1920-1929 and 1983-2008 both exhibited a large increase in the income share of the rich, a large increase in leverage for the remainder, and an eventual financial...
Persistent link: https://www.econbiz.de/10008777032
This article investigates how financial development helps to reduce poverty directly through the McKinnon conduit …
Persistent link: https://www.econbiz.de/10005248213
With official development assistance (ODA) set to rise as countries strive to meet the Millennium Development Goals (MDGs), aid effectiveness remains an important area of development policy. An increasing number of studies support the notion that ODA can contribute to growth in a nonlinear...
Persistent link: https://www.econbiz.de/10005605240
poverty. It finds that growth has been increasingly driven by higher factor productivity and that a continuation of recent … 1995 has resulted in a significant decline of poverty and that prospects are favorable for Tanzania to attain its … objectives for reducing income poverty by 2015. …
Persistent link: https://www.econbiz.de/10005264079
poverty and inequality. We find that the epidemic lowers average income and increases poverty, and that the jump in poverty is … larger than expected from the fall in average income. This disproportionate increase in poverty reflects the large share of … the population living on the threshold of poverty and the higher HIV prevalence rates in those segments of the population. …
Persistent link: https://www.econbiz.de/10005825925
Growth is pro-poor if the poverty measure of interest falls. This implies three potential sources of pro-poor growth …: (a) a high rate of growth of average incomes; (b) a high sensitivity of poverty to growth in average incomes; and (c) a … poverty-reducing pattern of growth in relative incomes. I empirically decompose changes in poverty in a large sample of …
Persistent link: https://www.econbiz.de/10005605055
impacts of the growth process. Cognizant of the vulnerability of its large population below poverty, India's authorities have …
Persistent link: https://www.econbiz.de/10005768877