Following the success of renowned Caribbean offshore centers, several small islands have enacted offshore banking …

-based economic activities (HBEAs) in two Caribbean cities. It shows that BDPs are relevant to only a minority of entrepreneurs. This …

Studies that examine the long-run impact of remittances on economic growth in West Africa and the Caribbean show that … remittances are not growth enhancing. Money has been used toward consumption rather than investment. Because migrants from these … panels, we show that there is a long-run significant impact of workers' remittances on income while the impact on consumption …

and migrants’ remittances on fiscal consolidation in these countries. Using two definitions of fiscal adjustment and a … gradual fiscal retrenchment), remittances increase the likelihood of fiscal consolidation, be the latter gradual or rapid …

This paper explores the role of remittances and foreign aid inflows during food price shocks. The results yield four …

This paper analyzes the impact of internal remittances (from Ghana) and international remittances (from African or … spent without the receipt of remittances, households receiving remittances spend less at the margin on food. Second …, households receiving remittances spend more at the margin on three investment goods: education, housing, and health. Third, the …

Remittances are used by households for insurance, investment, and income. Flows from internal migrants are relatively …