What determines remittances – altruism or enlightened self-interest - and do remittances trigger additional migration … effects on receipt of remittances than net earnings potential of households in the country of origin. Second, the receipt of … remittances has a positive effect on emigration intentions of household members living in the country of origin. Therefore …

dividend of extra growth. During the twenty years from 1975 to 2005 Europe and the US have benefited from a strong demographic … potential growth phase may well disappear if supporting conditions for growth are absent. Large-scale migration is not expected … to be a sustainable solution to unbalanced global economic developments. Remittances, Foreign Direct Investment (FDI) and …

This paper explores the link between trade structure, trade specialization and per capita income growth. It is argued … that industrial upgrading in export specialization patterns has a positive long-run growth effect, while the effect of … structural change in industrial import patterns is in principle ambiguous. A standard empirical growth model is augmented by …

We explore dynamic linkages between financial/banking sector openness, financial sector competition, and growth. We … competition/performance and financia1 sector openness (meaning foreign bank access to domestic markets), and between growth and …

growth model of expanding product varieties. This contrasts with the existing literature, which ignores maintenance costs and … the return on investment in research and development and the growth rate of the economy. <BR><BR> …

In this paper we explore linkages between financial services trade and growth. We offer a formalization of the argument …. This motivates an econometric exercise. Cross- country growth regressions point to a strong positive relationship between … financial sector competition and financial sector openness, and between growth and financial sector competition. <BR><BR> …

economic growth. It starts with the pioneers in this field and then classifies two main schools favouring liberal financial … literature on financial development and endogenous growth pushed the discussion back into the direction initially advocated by … financial development and economic growth. The evidence suggests, however, enormous heterogeneity across countries, regions …