This paper empirically examines the factors causing the recently increased flow of workers' remittances to developing countries. The main question we seek to answer is whether these increased remittances are the result of increased amounts sent by existing migrants (intensive margin) or the...

Many developing countries in need of foreign capital for development have implemented policies to attract foreign direct investment. At the same time, these countries attracted by the foreign currency earnings brought back by migrant workers in the form of remittances are promoting overseas...