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What do we know about the role of extended families and kinship networks for redistributing resources? What gaps in our knowledge most need to be filled? How can we best organize current work and identify priorities for future research? These questions are important for several reasons:...
Persistent link: https://www.econbiz.de/10005394970
The literature on remittances and growth has thus far established a positive link between remittances and overall … economic growth in recipient countries. We identify the main transmission channel through which remittances seem to exert their …-country cross-industry variation, and correcting for the endogeneity of remittances by constructing a set of external instruments …
Persistent link: https://www.econbiz.de/10008852056
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
have increased rapidly and are beginning to dwarf aid flows. This paper investigates how remittances affect aid flows, and … how this relationship varies depending on the channel of transmission from remittances to aid. Buoyant remittances could … remittances may dampen donors' incentive to scale up aid. Concurrently, remittances could be positively associated with aid if …
Persistent link: https://www.econbiz.de/10009369450
This paper traces the rise of export-led growth as a development paradigm and argues that it is exhausted owing to changed conditions in emerging market (EM) and developed economies. The global economy needs a recalibration that facilitates a new paradigm of domestic demand-led growth....
Persistent link: https://www.econbiz.de/10009225953
This paper reviews several popular economic development strategies and discusses the practical problem of identifying leading industries and innovation clusters for government regulatory and financial support. Although there is no substitute for in-depth industry-by-industry analysis, several...
Persistent link: https://www.econbiz.de/10010669623
Purpose – The purpose of this paper is to examine how the linkage effect provides a better understanding of export-led growth hypothesis in developing countries. Design/methodology/approach – The literature review on the externalities of export-led growth implied a hypothesis that the higher...
Persistent link: https://www.econbiz.de/10010674537
deprivation in infrastructure and the multi-dimensional index, while we find no significant results for remittances sent to the …
Persistent link: https://www.econbiz.de/10010856384
Beyond Small Change examines the phenomenon of migrant remittances in hopes of contributing to international … understanding of remittances, promoting better policies and practices in this area, and turning migrant workers' hard-won resources …
Persistent link: https://www.econbiz.de/10010943431
The Philippines is the fourth largest recipient of remittances in the world with booming information and communications …, remittances interaction with financial development and ICT, trade openness and overseas development assistance (ODA) vis …-à-vis income for the period 1976 to 2010 using ARDL bounds approach. The results show remittances and remittances interaction with …
Persistent link: https://www.econbiz.de/10011015144