receives only a small portion of the total recorded remittances to developing countries, and the volume of aid flows to SSA … swamps remittances, this paper finds that remittances, which are a stable, private transfer, have a direct poverty mitigating … remittances, poverty and financial development. The paper posits that formalizing such flows can serve as an effective access …

This paper analyzes the link between remittances inflows and nonperforming loans (NPLs) in a large sample of developing … indicate a stronger marginal impact of remittances in a context of high macroeconomic instability, suggesting a significant … effect of remittances on the likelihood of the private sector’s credit default during shocks. These results hold even after …

world's largest recipient of remittances as a percent of GDP. Remittances constituted about 13 percent of the region's GDP … official remittances to the Caribbean region. The results suggest that there is indeed some evidence for brain drain from the …

Workers' remittances are often argued to have a tendency to move countercyclically with the GDP in recipient countries …' remittances flows into 12 developing countries over their respective business cycles during 1976-2003 and finds that …

The flow of workers' remittances to Pakistan has more than quadrupled in the last eight years and it shows no sign of … conclusions are: (i) the growth in the inflow of workers' remittances to Pakistan is in large part due to an increase in worker … migration; (ii) higher skill levels of migrating workers have helped to boost remittances; (iii) other imporant determinants of …

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 … remittances may dampen donors' incentive to scale up aid. Concurrently, remittances could be positively associated with aid if …

potential motives behind workers' remittances. It shows that the level of workers' remittances depends on how great are their …. The model is applied to Morocco using co-integration techniques. The paper then discusses the stability of remittances in …