consider this correlation to be indicative of a causal link. First, we compare aid to remittances, an alternative form of …

In the past few years, there has been a renewed interest in remittances of international migrants, as their strong … recent increase shed more light on the effects at both micro and macro level. The remittances not only contribute to the well …-being of the receiving households, but are also a large source of external financing, second only to FDI. The remittances are …

In developing countries, the contribution of the growing amount of migrant remittances to development remains an … unsettled issue. At the macroeconomic level remittances do represent an external flow way above official aid and often in line … microeconomic level remittances raise incomes and have an impact on consumption expenses and therefore on welfare. They can also …