Ratha, Dilip; Mohapatra, Sanket; Xu, Zhimei - 2012
The outlook for remittances for the rest of 2008 and 2009-10 remains as uncertain as the outlook for global growth, oil and non-oil commodity prices, and currency exchange rates. In the past, remittances have been noted to be stable or even counter-cyclical, during an economic downturn in the...