Avendaño, Rolando; Gaillard, Norbert; Parra, … - Centre de développement, Organisation de Coopération … - 2009
at the household level, remittances have grown into an important pillar of macroeconomic stability, reducing volatility … studying 83 developing countries covering the period 1993-2006, we analyse the impact of workers’ remittances on sovereign … rating assessment. First, we look at the traditional determinants of sovereign ratings and assess to what extent remittances …
