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Migrant workers’ remittances: what is the impact on the economic and financial development of Sub-Saharan African countries?

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  • Rocher, E.
  • Pelletier, A.
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    Abstract

    Workers’ remittances can have an impact on growth and fi nancial development in recipient countries, notably in Africa, provided there is increased formalisation of money transfer channels and implementation of targeted structural reforms in these countries.

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    File URL: http://www.banque-france.fr/gb/publications/telechar/bulletin/qsa/qsa13/qsa13etud_6.pdf
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    Bibliographic Info

    Article provided by Banque de France in its journal Quarterly selection of articles - bulletin de la Banque de France.

    Volume (Year): (2008)
    Issue (Month): 13 (Autumn)
    Pages: 103-120

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    Handle: RePEc:bfr:quarte:2008:13:06

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    Postal: Banque de France 31 Rue Croix des Petits Champs LABOLOG - 49-1404 75049 PARIS
    Web page: http://www.banque-france.fr/
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    Related research

    Keywords: Sub-Saharan Africa; growth; development fi nancing; fi nancial sector; migrant workers’ remittances.;

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    1. Samir Jahjah & Ralph Chami & Connel Fullenkamp, 2003. "Are Immigrant Remittance Flows a Source of Capital for Development," IMF Working Papers 03/189, International Monetary Fund.
    2. Dean Yang & HwaJung Choi, 2005. "Are Remittances Insurance? Evidence from Rainfall Shocks in the Philippines," Working Papers 535, Research Seminar in International Economics, University of Michigan.
    3. Sanjeev Gupta & Catherine A. Pattillo & Smita Wagh, 2007. "Impact of Remittanceson Poverty and Financial Development in Sub-Saharan Africa," IMF Working Papers 07/38, International Monetary Fund.
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