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Remittances have greatly increased during recent years, 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 through formal channels that turn to be either less...
Persistent link: https://www.econbiz.de/10003976556
We study the effect of inflowing remittances - a major source of capital for many countries - on tax-revenues and tax-policy. Instrumenting remittances with changes in the oil-price interacted with a country's distance to oil-producing countries, we find that remittances have a large positive...
Persistent link: https://www.econbiz.de/10011441144
We argue that donors could improve the effectiveness of foreign aid by pursuing complementary and coherent non-aid policies. In particular, we hypothesize that aid from donors that are open to immigration has stronger growth effects than aid from closed donors. We estimate the aid-growth nexus...
Persistent link: https://www.econbiz.de/10010467104
While recent literature has pointed out that migrants ́remittances have a positive impact on savings with financial institutions, findings with respect to access to and the use of loans have been ambiguous. This paper investigates whether the reception of remittances facilitates taking up loans...
Persistent link: https://www.econbiz.de/10010403217
Remittances have greatly increased during recent years, 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 through formal channels that turn to be either less...
Persistent link: https://www.econbiz.de/10009300571
Migrant remittances are an important source of external finance for developing countries. The current financial crisis is believed to have influenced migrant remittance flows as well as volume and patterns of use of remittances. In this special issue, a collection of cases from around the world...
Persistent link: https://www.econbiz.de/10013125653
Purpose - The purpose of this study is to investigate the impact of remittances on economic growth of least developed countries in Sub Saharan Africa (SSA). Design/methodology/approach - This study made use of annual data for the period of 1974 to 2017. It employed a time series model referred...
Persistent link: https://www.econbiz.de/10012839374
This paper investigated the mechanism that generates and transmits the indirect impact of remittances on economic growth. It specifically explored the process through which their transitory effect, channelled through consumption, wages, investments, and subsequent remittances, cumulates and...
Persistent link: https://www.econbiz.de/10012841441
Remittance inflows to Egypt have been increasing rapidly for the last three decades, making it one of the largest remittances- receiving country in the world and the leading one in the Middle East region. Theoretically remittances could help avoid balance of payment crisis, provide a constant...
Persistent link: https://www.econbiz.de/10012843649
This note aims to shed light on the possible consequences of globalisation for the global economy. It assesses the effects of international financial and trade integration, migration and remittances on economic growth, as well as those of protectionist trade policies, with special attention to...
Persistent link: https://www.econbiz.de/10012893160