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Remittances by Emigrants: Issues and Evidence

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  • Andrés Solimano

Abstract

Remittances, after foreign direct investment, are currently the most important source of external finance to developing countries. Remittances surpass foreign aid, and tend to be more stable than such volatile capital flows as portfolio investment and international bank credit. Remittances are also an international redistribution from low-income migrants to their families in the home country.

Suggested Citation

  • Andrés Solimano, 2003. "Remittances by Emigrants: Issues and Evidence," WIDER Working Paper Series DP2003-89, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:dp2003-89
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    File URL: https://www.wider.unu.edu/sites/default/files/dp2003-089.pdf
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    References listed on IDEAS

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    Cited by:

    1. Miguel Ramirez, 2013. "Do Financial and Institutional Variables Enhance the Impact of Remittances on Economic Growth in Latin America and the Caribbean? A Panel Cointegration Analysis," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 19(3), pages 273-288, August.
    2. Raúl Hernández-Coss & Chinyere Egwuagu Bun, 2007. "The UK-Nigeria Remittance Corridor : Challenges of Embracing Formal Transfer Systems in a Dual Financial Environment," World Bank Publications - Books, The World Bank Group, number 6654.
    3. Watts, Nathalie & Solimano, Andrés, 2005. "International migration, capital flows and the global economy: a long run view," Macroeconomía del Desarrollo 5400, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    4. Munim K. Barai, 2012. "Development Dynamics of Remittances in Bangladesh," SAGE Open, , vol. 2(1), pages 21582440124, January.
    5. Kalaj, Ermira Hoxha, 2010. "Remittances and Human Capital Investment: Evidence from Albania," MPRA Paper 49210, University Library of Munich, Germany.
    6. Nwachukwu, Jacinta, 2011. "Halving poverty in HIPC countries by 2015: How costly if achievable?," Journal of Policy Modeling, Elsevier, vol. 33(2), pages 213-225, March.
    7. Solimano, Andrés & Soto, Raimundo, 2005. "Economic growth in Latin America in the late 20th century: evidence and interpretation," Macroeconomía del Desarrollo 5398, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    8. Sophia C. Terrelonge, 2014. "For Health, Strength, and Daily Food: The Dual Impact of Remittances and Public Health Expenditure on Household Health Spending and Child Health Outcomes," Journal of Development Studies, Taylor & Francis Journals, vol. 50(10), pages 1397-1410, November.
    9. Mr. Alexei P Kireyev, 2006. "The Macroeconomics of Remittances: The Case of Tajikistan," IMF Working Papers 2006/002, International Monetary Fund.
    10. Miguel D. Ramirez, 2014. "Remittances and Economic Growth in Mexico: An Empirical Study with Structural Breaks, 1970-2010," Business and Economic Research, Macrothink Institute, vol. 4(1), pages 351-373, June.
    11. Kazi Abdul, Mannan & Khandaker Mursheda, Farhana, 2015. "Determinants of remittances in rural Bangladesh:An econometric analysis of the educational attainments of the households," MPRA Paper 97471, University Library of Munich, Germany, revised 2015.
    12. Miguel D. Ramirez, 2023. "Do Remittances Promote Labor Productivity in Mexico? A DOLS and FMOLS Analysis, 1970-2017," Bulletin of Applied Economics, Risk Market Journals, vol. 10(1), pages 115-131.
    13. John Micklewright & Anna Wright, 2003. "Private Donations for International Development," WIDER Working Paper Series DP2003-82, World Institute for Development Economic Research (UNU-WIDER).
    14. Deodat E. Adenutsi, 2011. "Financial development, international migrant remittances and endogenous growth in Ghana," Studies in Economics and Finance, Emerald Group Publishing Limited, vol. 28(1), pages 68-89, March.
    15. Raúl Hernández-Coss, 2005. "The Canada-Vietnam Remittance Corridor : Lessons on Shifting from Informal to Formal Transfer Systems," World Bank Publications - Books, The World Bank Group, number 7312.
    16. Nguyen, Cuong & van den Berg, Marrit & Lensink, Robert, 2009. "The Impact of International Remittances on Income, Work Efforts, Poverty and Inequality: Evidence from Vietnam," MPRA Paper 50313, University Library of Munich, Germany.
    17. Dewan Muktadir-Al-Mukit & A. Z. M. Shafiullah & Anamul Haque Sajib, 2013. "Determination of Causality between Remittance and Import: Evidence from Bangladesh," International Journal of Business and Social Research, LAR Center Press, vol. 3(3), pages 55-62, March.
    18. Hamdar, Bassam & Nouayhid, Samer, 2017. "Remittances And Foreign Aid As Sources Of External Development Finance: Impacts On Savings And Investment In Post-War Lebanon," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 70(1), pages 47-72.
    19. Solimano, Andrés, 2006. "The international mobility of talent and its impact on global development: an overview," Macroeconomía del Desarrollo 5418, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    20. Solimano, Andrés, 2004. "Political violence and economic development in Latin America: issues and evidence," Macroeconomía del Desarrollo 5395, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    21. Adams, Samuel & Klobodu, Edem Kwame Mensah, 2016. "Remittances, regime durability and economic growth in Sub-Saharan Africa (SSA)," Economic Analysis and Policy, Elsevier, vol. 50(C), pages 1-8.
    22. Anthony Barnes Atkinson, 2003. "Innovative Sources for Development Finance: Over-Arching Issues," WIDER Working Paper Series DP2003-88, World Institute for Development Economic Research (UNU-WIDER).
    23. Wasseem Mina, 2018. "Migrant Remittances and Social Protection," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper1811, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
    24. Miguel Ramirez, 2011. "Remittance Flows and Economic Growth in Mexico: A Single Break Unit Root and Cointegration Analysis, 1970-2009," Working Papers 1106, Trinity College, Department of Economics.

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