substantial accumulation of net foreign liabilities, as it has been largely financed with workers' remittances from abroad. Indeed …, remittances are the largest component of the current account. This report aims at addressing the following questions: what are the … fueled by remittances versus public expenditures, relative prices, et cetera)? What are the paths to be expected for the …

Remittances are an important source of income for households in the Southern African Development Community (SADC), as … remittances to SADC, the cost of sending money to and within the region is significantly higher than other regions in the world …. To address the high cost of remittances globally, the World Bank has been involved in a number of initiatives aimed at …

This paper presents an analysis of the effect of remittances on the current account in developing and emerging … suggest there is a positive effect of remittances on the current account contemporaneously, but that the lagged effect is … remittances have on the current account. The paper, therefore, asserts that policy makers face trade-offs pertaining to the use of …

Remittances remain a key source of funds for developing countries, far exceeding official development assistance and … even foreign direct investment. Remittances have proved to be more stable than private debt and portfolio equity flows, and … countries. Even in large emerging markets, such as India, remittances are equivalent to at least a quarter of total foreign …