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 …

, 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 …

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

KEY ISSUES Context. Growth remains rapid, but has moderated from the 7¼ percent recorded in 2013. Remittances and … ownership restrictions, inadequate infrastructure and high doing-business costs have held back overall investment and employment … allow higher public investment spending, while implementing reforms to sustain vibrant growth and make it more inclusive: â …

shocks. Improvements in the investment climate would make growth more persistent and support domestic job creation. …