This paper examines the effectiveness of remittances and official development assistance (ODA) in developing countries. It compares the outcomes of aid poured into the economies of the Third World for decades without any visible effect and remittances transferred by emigrants to their countries...

How responsive are remittances to various disasters, both natural and human-made? And would remittances be affected by systemic financial crises (such as the 2008/09 financial crisis)? Using panel data on 23 Sub-Saharan African (SSA) countries over the period 1980 to 2007, we find that...

This paper investigates the effect of international remittances and migration on household welfare in Ethiopia. We employ both subjective a households subjective economic well-being and objective measures asset holdings and asset accumulation to define household welfare. A matching approach is...

This study provides an analysis of the costs and benefits of emigration for Georgia, with an emphasis on emigration to the EU. In the concluding section we dwell on the consequences of a possible liberalization of EU migration policies with regard to Eastern Partnership (EaP) countries, and how...

The sending of remittances is a decentralised decision of migrant workers, nevertheless it has its macroeconomic implication in providing insurance against domestic output shocks in the recipient economies – a phenomenon known in literature as risk sharing. Using a large sample of 86...

This paper looks at the determinants of international remittances in the context of South-South migration. We use a 2006 survey on 639 African migrants living in Johannesburg. In addition to the traditional variables (income, age and education of the migrant, etc.) we consider the impact of...

This article briefly describes the Soninke labor migration, and interprets it as a means of diversifying risk in a context of missing insurance and credit markets. Historical and anthropological studies on this ethnic group are briefly surveyed, and suggest that it is not only the well-being of...

We investigate the relationship between remittances and migrants’ education both theoretically and empirically, using original bilateral remittance data. At a theoretical level we lay out a model of remittances interacting migrants’ human capital with two dimensions of immigration policy:...

The flow of workers’ remittances to Pakistan has more than quadrupled in the last eight years and shows no sign of slowing down, despite the economic downturn in the Gulf Cooperation Council and other important host countries for Pakistani workers. This paper analyses the forces that have...

Labor migration began to be promoted in the late ’60s or early ’70s by a number of Asian countries plagued by problems of unemployment, poverty, and scant foreign exchange. However, labor export was generally intended to be a stopgap measure while governments were trying to implement policy...