Goff, Maelan Le; Kpodar, Kangni - International Monetary Fund (IMF) - 2011
have increased rapidly and are beginning to dwarf aid flows. This paper investigates how remittances affect aid flows, and … how this relationship varies depending on the channel of transmission from remittances to aid. Buoyant remittances could … reduce aid needs when human capital improves and private investment takes off. Absent these, aid flows could still drop as …