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regime classification, whereas the data for remittances and all other variables are from the World Bank's World Development …This paper studies the question of whether exchange rate policy affects the impact of remittances on economic growth in … economic growth following an increase in remittances, but also that the impact of remittances on growth is positive under a …
Persistent link: https://www.econbiz.de/10012966409
This paper provides a review of the literature on the development impact of migration and remittances on origin … development implications for both sending and receiving countries. For a sending country, migration and the resulting remittances … flows, leveraging remittances for improving access to finance of recipient households and countries, improving recruitment …
Persistent link: https://www.econbiz.de/10012976168
This paper utilizes data for African countries to analyze the extent to which financial development affects the dynamics of the relationship between exchange rate flexibility and economic growth. The findings indicate that financial development exerts a positive influence on the relationship...
Persistent link: https://www.econbiz.de/10012912272
The literature on aid and growth has not found a convincing instrumental variable to identify the causal effects of aid. This paper exploits an instrumental variable based on the fact that since 1987, eligibility for aid from the International Development Association (IDA) has been based partly...
Persistent link: https://www.econbiz.de/10012973243
Although emerging market and developing economies (EMDEs) weathered the global recession a decade ago relatively well, they now appear less well placed to cope with the substantial downside risks facing the global economy. In many EMDEs, the room for monetary and fiscal policies to respond to...
Persistent link: https://www.econbiz.de/10012841602
The influence of climate on economic growth is a topic of growing interest. Few studies have investigated the potential role that climate hazards and their cumulative effects have on the growth prospects for a country. Due to the relatively stationary spatial patterns of global climate, some...
Persistent link: https://www.econbiz.de/10012976459
world. To analyze the country-level impact of remittances, the paper estimates an econometric model based on a new data set …This paper examines the economic impact of international remittances on countries and households in the developing … United States, OECD-Europe) are more likely to receive international remittances, and that while the level of poverty in a …
Persistent link: https://www.econbiz.de/10012747861
Private savings play a pivotal role in financing development and sustaining growth. Recently, there have been many theoretical developments that underpin key determinants of savings behavior, many of which merit empirical investigation. Understanding the dynamics of the determinants of savings...
Persistent link: https://www.econbiz.de/10012959137
This paper discusses the evolution of the Egyptian banking sector and the main trends in financial development in the Arab Republic of Egypt. The paper examines empirically the relationship between the development of the financial sector and economic growth in Egypt between 1980 and 2016. It...
Persistent link: https://www.econbiz.de/10012859532
This paper seeks to assess the extent to which a country's overall level of development and that of its financial sector, in particular, are factors that attract private capital into infrastructure projects. The authors investigate these effects in a 1990-2007 dataset on the power sector in 37...
Persistent link: https://www.econbiz.de/10012976440