Workers' remittances to developing countries have become the second largest type of flows after foreign direct … remittances on financial sector development. In particular, they examine whether remittances contribute to increasing the … findings provide strong support for the notion that remittances promote financial development in developing countries. …

This paper examines the economic impact of international remittances on countries and households in the developing … world. To analyze the country-level impact of remittances, the paper estimates an econometric model based on a new data set … United States, OECD-Europe) are more likely to receive international remittances, and that while the level of poverty in a …

Remittances-money sent home by immigrant workers abroad-are hugely beneficial to Sri Lanka. Migrants' remittances have … of remittances; the high transaction costs associated with remittances; and the level of transparency and accountability … associated with each of these aspects of remittances with the objective of improving the public and private infrastructure for …

Macro- and micro-economic evidence suggests a positive role of remittances in preparing households against natural … disasters and in coping with the loss afterwards. Analysis of cross-country macroeconomic data shows that remittances increase … after the 1998 flood. Ethiopian households that receive international remittances seem to rely more on cash reserves and …

What causes developing countries to receive different levels of international remittances? This paper addresses this … examine the determinants of remittances. The paper finds that the skill composition of migrants does matter in remittance … determination. Countries which export a larger share of high-skilled (educated) migrants receive less per capita remittances than …

remittances, (2) cost of transferring and delivering remittances, (3) regulatory regime for remittance transactions, and (4 … instruments and financial institutions through which remittances take place is limited. Moreover, only a few countries measure … remittances that take place through informal channels. It also finds that the scope of financial authorities in developing …

international migrations by investigating whether the increasingly large flows of workers' remittances can help reduce the … probability of current account reversals. The rationale for this stands in the great stability and low cyclicality of remittances … as compared with other private capital flows: these properties, combined with the fact that remittances are cheap inflows …