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Foreign aid flows to poor, aid-dependent economies are highly volatile and pro-cyclical. Shortfalls in aid coincide with shortfalls in GDP and government revenues. This increases the consumption volatility in aid dependent countries, thereby causing substantial welfare losses. This paper finds...
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language, fit remittance flows well. Remittances also react to inflation and exchange rate movements in recipient countries to … sustain their purchasing power. In line with the altruism hypothesis, remittances flow to countries with higher age dependency … ratio. Remittances are countercyclical and help stabilize outputs in recipient countries. However, global shocks resulting …
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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 …
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grants and remittances and the equilibrium real exchange rate in Sub-Saharan African (SSA) countries using panel techniques …. The results indicate that grants and remittances are not associated, in the long run, with an appreciation of the real … and remittances may be serving to ease supply constraints or boost productivity in the non-tradable sector in the …
Persistent link: https://www.econbiz.de/10014403076
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/10014396964
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 …
Persistent link: https://www.econbiz.de/10014397868