Showing 1 - 10 of 540
undermine the effect of Foreign Direct Investment (FDI), official development assistance (ODA) and migrants’ remittances on … economic expansion. Based on neoclassical growth framework, the theoretical model indicates that FDI, ODA, and remittances …
Persistent link: https://www.econbiz.de/10013306770
This paper analyzes the links between financial and trade openness and financial development in Sub-Saharan African (SSA) countries. It is based on a panel dataset using methods that tackle slope heterogeneity, cross-sectional dependence and non-stationarity, important econometric problems that...
Persistent link: https://www.econbiz.de/10013050666
Issues of taxation and development, which have long been a central concern of the IMF, have attracted wider and renewed interest in the last few years. This paper reflects on three broad lessons of experience: that developing countries differ vastly in tax matters, and in ways that are less than...
Persistent link: https://www.econbiz.de/10013098586
Using data on the distribution of migrants from Africa, GDP growth forecasts for host countries, and after estimating … percentage points, with migrants to Europe hardest hit while migrants within Africa relatively unaffected by the crisis. The …
Persistent link: https://www.econbiz.de/10013133905
This paper investigates the channels through which remittances affect macroeconomic volatility in African countries … that remittances - as a share of GDP - have a significant smoothing impact on output volatility but their impact on … consumption volatility is somewhat small. Furthermore, remittances are found to absorb a substantial amount of GDP shocks in these …
Persistent link: https://www.econbiz.de/10013024443
This paper explores the role of foreign aid and remittance inflows in the mitigation of the effects of food price shocks. Using a large sample of developing countries and mobilising dynamic panel data specifications, the econometric results yield two important findings. First, remittance and aid...
Persistent link: https://www.econbiz.de/10013091296
Family remittances are important for El Salvador's economy. This paper analyzes the impact of remittances on El … formulated, consisting of real and monetary variables. The results suggest that in, El Salvador, remittances lead to decreases in …. This underscores the need for reorienting economic policy in El Salvador to promote the use of remittances in capital …
Persistent link: https://www.econbiz.de/10012779101
-political instability once fiscal policy and remittances have been accounted for. It focuses on import prices to reflect the vulnerability … and income per capita. On the other hand, while remittances seem to dampen the adverse effect of import food price shocks …
Persistent link: https://www.econbiz.de/10013252035
remittances to LAC, as well as their costs and benefits. For the home country, the negative impact from emigration on labor … resources and productivity seems to outweigh growth gains from remittances, notably for the Caribbean. However, given emigration …
Persistent link: https://www.econbiz.de/10012950408
how changes in aggregate demand due to additional income from household's remittances propagates through the network of … linkages on sectoral and total output following an increase in remittances inflows. Our empirical results suggest that the … effects of remittances on recipient economies increase with the degree of linkages across sectors, which is especially …
Persistent link: https://www.econbiz.de/10012863976