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Determinants of workers’ remittances: evidence from the European Neighbouring Region
Schiopu, Ioana; Siegfried, Nikolaus - 2006
Workers’ remittances have become the second largest source of net financial flows to developing countries. However, the … main motives for sending remittances remain controversial. This paper examines the importance of altruistic versus … investment motive. Finally, migrants’ skills raise remittances, while a large informal economy in the sending country depresses …
Persistent link: https://www.econbiz.de/10011604734
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Determinants of Workers' Remittances : Evidence from the European Neighbouring Region
Schiopu, Ioana C.; Siegfried, Nikolaus - 2021
Workers' remittances have become the second largest source of net financial flows to developing countries. However, the … main motives for sending remittances remain controversial. This paper examines the importance of altruistic versus … investment motive. Finally, migrants' skills raise remittances, while a large informal economy in the sending country depresses …
Persistent link: https://www.econbiz.de/10013317412
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The interactive effects of remittances on economic growth and inequality in Western Balkan countries
Bajra, Ujkan Q. - In: Journal of business economics and management 22 (2021) 3, pp. 757-775
Hardly any studies have investigated the impact of migrant remittances on economic growth (EG) and inequality in the … Western Balkans as a whole (WB6). Using the method of instrumental variables (VI), the findings show that while remittances … labor market and encouraging uncontrolled individual relocation. This paper also reveals that although remittances have …
Persistent link: https://www.econbiz.de/10012506307
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Diaspora externalities
Rapoport, Hillel - In: IZA Journal of development and migration 10 (2019) 2/5, pp. 1-26
This review article surveys the recent economic literature on diaspora networks, globalization, and development. Diasporas are shown to contribute to the economic and cultural integration of source (i.e., developing) countries into the global economy. I first review the effect of diaspora...
Persistent link: https://www.econbiz.de/10012064002
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Diaspora externalities : a view from the South
Rapoport, Hillel - 2018
Migration decisions affect those left-behind in ways that are partly taken into account by market forces (e.g., wage effects on labour markets) and for the most part these can be seen as pure externalities. Diasporas are an example of such an externality. This paper reviews the recent economic...
Persistent link: https://www.econbiz.de/10011806518
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The impact of foreign financial inflows on the economic growth of sub-Saharan African countries : an empirical approach
Ayenew, Belesity Bekalu - In: Cogent economics & finance 10 (2022) 1, pp. 1-12
The impact of foreign financial inflows on the economic growth of recipient countries is a controversial issue in many empirical studies. The majority of the previous studies use one variable as an indicator of foreign financial inflows; they fail to incorporate many variables. The study fills...
Persistent link: https://www.econbiz.de/10013373036
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How Does Financial System Efficiency Affect the Growth Impact of FDI in China?
Xu, Ying - 2011
In spite of being the second largest recipient of FDI in the world, China shows limited evidence of considerable FDI benefits on growth (Fan and Hu 2007; Luo 2007; Ran et al. 2007). Motivated by Alfaro et al.'s (2003) model, this study tests whether poor financial market development might be responsible...
Persistent link: https://www.econbiz.de/10013121874
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Foreign Direct Investment in the Financial Sector : The Engine of Growth for Central and Eastern Europe?
Eller, Markus; Haiss, Peter R.; Steiner, Katharina - 2011
This paper examines the impact of financial sector foreign direct investment (FSFDI) on economic growth by estimating a panel data model for 11 Central and Eastern European countries (CEECs) between 1996 and 2003 in a cross-country growth accounting framework. The analysis concentrates on the...
Persistent link: https://www.econbiz.de/10014060105
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Effective Democracy, Economic Growth and Attractiveness to Foreign Investment
Basu, Debarati; Mitra, Shabana; Purohit, Archana - 2021
Are internationalization decisions of MNEs affected by democracy levels of the host country? Democracy is an over-arching construct that defines the formal and informal institutions present in a country and democratic nations are more credible, stable, participative, accountable and better...
Persistent link: https://www.econbiz.de/10013311573
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Rising Income Inequality : Technology, or Trade and Financial Globalization?
Jaumotte, Florence - 2008
We examine the relationship between trade and financial globalization and the rise in inequality in most countries in recent decades. We find technological progress as having a greater impact than globalization on inequality. The limited overall impact of globalization reflects two offsetting...
Persistent link: https://www.econbiz.de/10012770389