"Workers' remittances to developing countries have become the second largest type of flows after foreign direct … remittances on financial sector development. In particular, they examine whether remittances contribute to increasing the … findings provide strong support for the notion that remittances promote financial development in developing countries. "--World …

The paper assesses how remittances directly and indirectly affect industrialisation in a panel of 49 African countries … industrialisation. The non-interactive specification elucidates direct effects of remittances on industrialisation whereas interactive … specifications explain indirect impacts. The findings broadly show that for certain initial levels of industrialisation, remittances …

have access to it. This paper analyzes the empirical link between remittances and financial sector development on a … microeconomic level. Using a unique household dataset for Moldova, we find that receiving monetary remittances has a positive and … show that remittances tend to have an even higher positive effect on household savings, which is a sign for a hidden …

remittance income is spent. My findings suggest that in communities without banks remittances are more likely to be used for … increases the likelihood that remittances are used for productive investment and decreases the likelihood that remittances are … remittances for productive investment, purchasing assets, and general consumption. …

remittances to their countries of origin. In 2004, remittances exceeded official development aid in several emigration countries …