Imai, Katsushi; Gaiha, Raghav; Ali, Abdilahi; Kaicker, Nidhi - Research Institute for Economics and Business … - 2013
The present study re-examines the effects of remittances on growth of GDP per capita using annual panel data for 24 …. However, our analysis also shows that the volatility of capital inflows such as remittances and FDI is harmful to economic … growth. This means that, while remittances contribute to better economic performance, they are also a source of output shocks …