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Remittances in Moldova reach 36% of GDP, hence they constitute an essential part of the Moldovan economy. The most … visible characteristic of remittances is their unequal distribution. The analysis applying the standard Lorenz Curve proves … that 75% receiving households gets only 25% of total amount being sent to the country. The way remittances are distributed …
Persistent link: https://www.econbiz.de/10011430831
The Kyrgyz Republic is one of the largest recipients of international remittances in the world; from a Balance of … Payments measure of remittances, it ranked tenth in the world in 2008 in the ratio of remittances to GDP, a rapid increase from … 30th place in 2004.Remittances can be used to maintain the household's standard of living by providing income to families …
Persistent link: https://www.econbiz.de/10011430895
of previously lost output, favourable commodity prices, and large increases in remittances. This strong growth may …
Persistent link: https://www.econbiz.de/10012100072
economic impact and the impact on competitiveness of migration and remittances flows between Rim countries and EU Member States …
Persistent link: https://www.econbiz.de/10012100118
migration and remittances on the well-being of households and individuals in migrant-sending communities in Kosovo. Adopting a …-income economies. First, the dynamic efects of migration and remittances on households' poverty and income distribution are estimated … efects due to variations in the time-length of receiving remittances. Our fndings show that remittances alleviate both …
Persistent link: https://www.econbiz.de/10013537587
In order to understand why there is a continuous increase in euro banknote circulation even though the use of cash for transactions is decreasing in the euro area - a phenomenon known as the paradox of banknotes - the members of the Overseas workstream of the Eurosystem Research Network on Cash...
Persistent link: https://www.econbiz.de/10012521157
Ensuring the involvement of private sector creditors in the resolution of sovereign debt crises is crucial to ensure an effective management and orderly resolution of those crises. A review of experience gained in past financial crises suggests that crisis management practices have been largely...
Persistent link: https://www.econbiz.de/10011606184
reinvent parts of their economies. But the crisis also has two additional dimensions, one being flaws in the governance of the …
Persistent link: https://www.econbiz.de/10011606296
Since the global financial crisis, the Global Financial Safety Net (GFSN), traditionally consisting mainly of countries' own foreign exchange reserves with the International Monetary Fund (IMF) acting as a backstop, has expanded significantly with the continued accumulation of reserves, the...
Persistent link: https://www.econbiz.de/10011972270
The objective of this paper is to derive the characteristics of an effective fiscal governance framework, focusing on …
Persistent link: https://www.econbiz.de/10011859174