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Tuesday, May 12, 2020 | History

2 edition of Are immigrant remittance flows a source of capital for development? found in the catalog.

Are immigrant remittance flows a source of capital for development?

Ralph Chami

Are immigrant remittance flows a source of capital for development?

by Ralph Chami

  • 100 Want to read
  • 37 Currently reading

Published by International Monetary Fund, IMF Institute in Washington, D.C .
Written in English

    Subjects:
  • Economic development -- Effect of emigrant remittances on -- Econometric models.,
  • Emigrant remittances -- Economic aspects -- Econometric models.,
  • Moral hazard -- Econometric models.

  • Edition Notes

    StatementRalph Chami, Connel Fullenkamp, and Samir Jahjah.
    GenreEconometric models.
    SeriesIMF working paper -- WP/03/189
    ContributionsFullenkamp, Connel., Jahjah, Samir., IMF Institute., International Monetary Fund.
    The Physical Object
    Pagination47 p. ;
    Number of Pages47
    ID Numbers
    Open LibraryOL20058459M

      Remittances, capital flows and financial development during the mass migration period, – capital flows and financial development during the mass migration period, –, European Review of Economic History the high volatility of foreign capital flows was a factor of instability for the ‘emerging economies’ of eastern Cited by:   Remittances are now more than double the size of net official flows (under $30 billion), and are second only to foreign direct investment (around $ billion) as a source of external finance for developing countries. In 36 out of developing countries, remittances are larger than all capital flows, public and private.

    Are Immigrant Remittance Flows a Source of Capital for Development?, IMF Working Papers 03/ (Washington: International Monetary Fund). Google Scholar Cox-Edwards, A., & Ureta, M. ().Author: Eugenie W. H. Maïga, Mina Baliamoune-Lutz, Mohamed Sami Ben Ali. Migration and remittances during the global financial crisis and beyond (English) Abstract. Immigrants tend to be more negatively affected by economic crisis than natives, particularly when governments apply strict immigration controls. With the onset of the financial crisis in the latter half of , there were widespread concerns: would Cited by:

      Are immigrant remittance flows a source of capital for development? IMF Staff papers, 52(1), Comaroff, J., & Comaroff, J. L. (). Occult economies and the violence of abstraction: notes from the South African postcolony. American ethnologist, 26(2), De Haas, H. (). Migration and development: A theoretical perspective.   This chapter critically examines the financial regulations needed to leverage remittances into positive sustainable development outcomes in sub-Saharan Africa. Although remittances have been the fastest growing, most stable, resilient, and reliable source of private capital flows to the region since the financial crisis, regulations have Author: James Busumtwi-Sam.


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Are immigrant remittance flows a source of capital for development? by Ralph Chami Download PDF EPUB FB2

Request PDF | Are Immigrant Remittance Flow a Source Capital for Development. | The role of remittances in development and economic growth is not well understood.

This is partly because the. Downloadable (with restrictions). There is a general presumption in the literature and among policymakers that immigrant remittances play the same role in economic development as foreign direct investment and other capital flows, but this is an open question.

We develop a model of remittances based on the economics of the family that implies that remittances are not profit-driven, but are.

Downloadable. 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 uncertainty, there.

Downloadable. Author(s): Samir Jahjah & Ralph Chami & Connel Fullenkamp. Abstract: 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. Get this from a library. Are immigrant remittance flows a source of capital for development?. [Ralph Chami; Connel Fullenkamp; Samir Jajah; IMF Institute.; International Monetary Fund.] -- 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. A remittance is a transfer of money, often by a foreign worker to an individual in their home country. Money sent home by migrants competes with international aid as one of the largest financial inflows to developing s' remittances are a significant part of international capital flows, especially with regard to labor-exporting countries.

Remittances to developing countries have risen with number of migrants, and surpassed official development flows in the mids. Unlike foreign direct investment and private capital flows, remittances were stable during the –09 recession, while FDI and private capital flows fell sharply (Sirkeci et al., ).

Remittance: A remittance is the funds an expatriate sends to his/her country of origin via wire, mail, or online transfer.

These peer-to-peer transfers of funds across borders are economically. Downloadable. Over the past decades, workers' remittances have grown to become one of the largest sources of financial flows to developing countries, often dwarfing other widely-studied sources such as private capital and official aid flows.

While it is undeniable that remittances have poverty-alleviating and consumption-smoothing effects on recipient households, a key empirical question is. Trends in Global Remittance Flows Remittances in Remittance flows to developing countries are esti-mated to have declined by percent, to $ billion inafter a decline of 1 percent in (figure and table ).

This is the first time in recent history that remittance flows have declined for two successive years. The importance of remittances Remittances are a growing and key source of capital and income for developing countries.

* Reported global remittance flows last year were almost $ billion and. "Are Immigrant Remittance Flows a Source of Capital for Development?," IMF Working Papers 03/, International Monetary Fund. Kuckulenz, Anja & Buch, Claudia M., Chami, R., C.

Fullenkamp and S. Jahajah () ‘Are Immigrant Remittance Flows a Source of Capital for Development?’ IMF Working Paper,Wp/03/, Washington. Google ScholarAuthor: Bhubanesh Pant.

Remittances, serving an alternative source of private credit, can be effective in this regard. Keywords: Remittance Inflow, Poverty Alleviation, Financial Development, Simultaneous Equation Model 1. INTRODUCTION Remittances are one of the major. Inworkers ’ remittance receipts of developing countries stood at $ billion, much higher than total official flows and private non-FDI flows, and 42 percent of total FDI flows to.

REMITTANCE AND ECONOMIC GROWTH IN NIGERIA. human capital development and technological (), Are Immigrant Remittance Flows a source of Capital. for Development.

IMF Working Paper No. Remittances and Human Capital Investment: Evidence from Albania. Relative to capital flows, (). Are Immigrant Remittance Flows a Source of capital. for Development. A similar trend is observed in (Tables 5, row 7). Studies have shown that crime, violence, and insecurity have a negative effect on remittances inflows, investment, and economic growth (Borja Migration and remittances fact book (English) Abstract.

The number of migrants has risen rapidly in the past few years for various reasons: job opportunities, labor shortages resulting from falling birth rates, internal conflict and war, natural disasters, climate change, and improved access to information Cited by:   Chami R, Fullenkamp C, Jahjah S () Are immigrant remittance flows a source of capital for development.

IMF working paper 03/ Washington, DC; Clarke G, Wallsten S. Do remittances protect household in developing countries against shocks. Evidence from a natural disaster in Jamaica.

Washington, DC: Mimeo, World Bank; Cited by: 6. Are immigrant remittance flows a source of capital for development?. IMF working paper, no.

03/ IMF working paper, no. 03/ Washington, DC: International Monetary : Thomas Lacroix.Migration and remittances factbook (English) Abstract. This is the second edition of the Migration and Remittances Factbook.

This report provides a comprehensive picture of emigration, skilled emigration, immigration, and remittance flows for countries Cited by:   AbstractMigrant networks are an important catalyst for promoting FDI flows between countries.

Migrants also send increasingly large remittances to their home countries. This paper considers how these two capital flows are related, specifically examining how remittance flows respond to the amount of FDI inflows to a country.

Using a panel of countries over –, we estimate a Cited by: 1.