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The study explored the impact of remittances on poverty in selected emerging markets. On the theoretical front, the … optimistic view argued that remittances inflow into the labour exporting country reduces poverty whereas the pessimistic view … proponents said that remittances dependence syndrome retards both economic growth and income per capita. Separately, using two …
Persistent link: https://www.econbiz.de/10011877276
remittances increase after a disaster, thus contributing ex post to the reconstruction process. At the same time, we find that … remittances play a key role in terms of ex ante risk preparedness for those countries that experienced more disruptive events in …, remittances seem to substitute for less efficient financial systems both in terms of ex post response to disasters and in terms of …
Persistent link: https://www.econbiz.de/10012988466
remittances on poverty alleviation using data for 65 low- and- middle-income countries from 2002 to 2016. By using two-stage least … square (2SLS) regression analysis, this study establishes that, in general, international remittances per gross domestic … product (GDP) significantly mitigate poverty. On average, a 10-percentage-point increase in remittances will lead to a similar …
Persistent link: https://www.econbiz.de/10013272641
international migrations by investigating whether the increasingly large flows of workers' remittances can help reduce the … probability of current account reversals. The rationale for this stands in the great stability and low cyclicality of remittances … as compared with other private capital flows: these properties, combined with the fact that remittances are cheap inflows …
Persistent link: https://www.econbiz.de/10014061297
In June 2013, the High-Level Conference of Middle-Income Countries held in Costa Rica, organised by the United Nations Industrial Development Organization (UNIDO), ventured an intriguing look into the future of development. In particular, the conference highlighted the role of networks in...
Persistent link: https://www.econbiz.de/10012976916
In June 2013, the High-Level Conference of Middle-Income Countries held in Costa Rica, organised by the United Nations Industrial Development Organization (UNIDO), ventured an intriguing look into the future of development. In particular, the conference highlighted the role of networks in...
Persistent link: https://www.econbiz.de/10012985605
This paper discusses important features of financial dollarization and its implications for the macro economy and financial sector deepening. Despite the need to slow down the rate of inflation and keep exchange rates under control, to achieve growth and economic development, monetary policies...
Persistent link: https://www.econbiz.de/10012931238
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 … apply a two-step method akin to two stage least squares to deal with the endogeneity of remittances and potential …
Persistent link: https://www.econbiz.de/10003976556
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 … apply a two-step method akin to two stage least squares to deal with the endogeneity of remittances and potential …
Persistent link: https://www.econbiz.de/10009300571
Persistent link: https://www.econbiz.de/10012798256