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grants and remittances and the equilibrium real exchange rate in Sub-Saharan African (SSA) countries using panel techniques …. The results indicate that grants and remittances are not associated, in the long run, with an appreciation of the real … and remittances may be serving to ease supply constraints or boost productivity in the non-tradable sector in the …
Persistent link: https://www.econbiz.de/10014403076
Using data on the distribution of migrants from Africa, GDP growth forecasts for host countries, and after estimating remittance multipliers in recipient countries, this paper estimates the impact of the global economic crisis on African GDP via the remittance channel during 2009-2010. It...
Persistent link: https://www.econbiz.de/10014404337
an important source of revenue. It also analyzes recent developments and the outlook for remittances to Kiribati, which …
Persistent link: https://www.econbiz.de/10014404533
worker remittances. It addresses the many common policy challenges facing Central American countries--Costa Rica, El Salvador …
Persistent link: https://www.econbiz.de/10014404802
changing structure of Cape Verde’s balance-of-payments financing calls for a closer look at the volatility of remittances and … their role as an absorber of economic shocks. The paper finds that compared with other external inflows, remittances … seems to be gradually fading, and remittances are becoming increasingly procyclical …
Persistent link: https://www.econbiz.de/10014406817
interest to policymakers with regard to remittances--how to manage their macroeconomic effects, and how to harness their … remittances on recipient economies. In broad terms, the findings of this paper tend to confirm the main benefit cited in the … microeconomic literature: remittances improve households' welfare by lifting families out of poverty and insuring them against …
Persistent link: https://www.econbiz.de/10014405632
The Selected Issues paper and Statistical Appendix on Cape Verde review determinants of emigrant deposits (ED). EDs have provided a substantial source of foreign exchange to the Cape Verdean economy, and have been vital in maintaining the fixed exchange rate. Prospects for growth in Cape Verde...
Persistent link: https://www.econbiz.de/10014405875
resource wealth. In addition to traditional variables, we include an institutional variable and remittances among the … regressors. We find that (i) both institutions and remittances have a positive and significant impact on market capitalization …
Persistent link: https://www.econbiz.de/10014401261
The role of remittances in development and economic growth is not well understood. This is partly because the … literatures on the causes and effects of remittances remain separate. We develop a framework that links the motivation for … remittances with their effect on economic activity. Because remittances take place under asymmetric information and economic …
Persistent link: https://www.econbiz.de/10014401274
There has been little systematic empirical study on the relationship between remittances and growth. This paper … attempts to examine this relationship. Using a newly constructed crosscountry of data series for remittances covering a large … sample of developing countries, we relate the interaction between remittances and financial development and its impact on …
Persistent link: https://www.econbiz.de/10014401504