Showing 1 - 10 of 31,047
Migrant remittances increased strongly since the 1980s, becoming an important and reliable source of funds for many … developing countries. Therefore, there is a strong incentive for receiving countries to attract more remittances, especially … apply a two-step method akin to two stage least squares to deal with the endogeneity of remittances and potential …
Persistent link: https://www.econbiz.de/10010588334
This study investigates the relationship between workers’ remittances and economic growth in China and Korea by … run relationship between remittances and economic growth in Korea, while, significant negative relationship exist between … remittances and economic growth in China. Error correction model confirms the significant positive short run relationship of …
Persistent link: https://www.econbiz.de/10011260881
The euro area is experiencing a severe and highly complex crisis. It comprises three problem areas, the difficulties of some highly indebted European sovereigns to ascertain funding at palatable cost, the disconcerting fragility of the European banking system and disappointing growth prospects...
Persistent link: https://www.econbiz.de/10011083564
remittances in a panel of 41 Sub-Saharan African countries during the period 1970–2007. Our main finding is that on average … rainfall shocks have an insignificant contemporaneous effect on remittances. However, the marginal effect is significantly … significant negative effect on remittances, while at low levels of credit to GDP the effect of rainfall on remittances is …
Persistent link: https://www.econbiz.de/10011056378
This note makes two poins. First, that the impact of remittances on poverty depends on who sends the remittances. If …. Second, that the manner in which remittances are sent, i.e. through legal or illegal channels, also makes a difference in …
Persistent link: https://www.econbiz.de/10011110233
The sending of remittances is a decentralised decision of migrant workers, nevertheless it has its macroeconomic …% for Tajikistan (38%) for Haiti (-13%). Subsequently, we explore why the extent of risk sharing through remittances is so … risk sharing via remittances: the more diverse the migration destinations of a country, higher will be the amount of risk …
Persistent link: https://www.econbiz.de/10010860356
remittances is contributing positively to the development of the financial system of the country. Our results suggest that … remittances have a significant positive effect on financial development. However, financial sector's development is neutral in its … effect on the inflow of remittances. …
Persistent link: https://www.econbiz.de/10010577124
access to financial markets and test whether remittances are countercyclical and serve as an insurance mechanism against … secular increase in the trend growth of remittances and random cyclical fluctuations around this trend. In a purely … households facing an increasing trend for remittances. A flexible floating regime is preferred when unanticipated shocks driving …
Persistent link: https://www.econbiz.de/10011065920
An attempt has been made in this paper to examine the impact of international remittances on poverty and income …, between 1980 and 2009, were sampled for the poverty analysis whilst a sample size of 36 was used in the remittances … that remittances have significant poverty-alleviating effect, with the poorest of the poor being the least beneficiaries …
Persistent link: https://www.econbiz.de/10009652931
This paper examines the effectiveness of remittances and official development assistance (ODA) in developing countries … remittances transferred by emigrants to their countries of origin which proved to be quite effective. We find that remittances … addition, remittances tend to be higher than ODA funds, they are absorbed by 80-90 per cent (in comparison with 50 per cent of …
Persistent link: https://www.econbiz.de/10010734354