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Remittances in Pakistan

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Author Info

  • Yan Sun
  • Udo Kock
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Abstract

The flow of workers'' remittances to Pakistan has more than quadrupled in the last eight years and it shows no sign of slowing down, despite the economic downturn in the Gulf Cooperation Council (GCC) and other important host countries for Pakistani workers. This paper analyses the forces that have driven remittance flows to Pakistan in recent years. The main conclusions are: (i) the growth in the inflow of workers'' remittances to Pakistan is in large part due to an increase in worker migration; (ii) higher skill levels of migrating workers have helped to boost remittances; (iii) other imporant determinants of remittances to Pakistan are agriculture output and the relative yield on investments in the host and home countries.

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Bibliographic Info

Paper provided by International Monetary Fund in its series IMF Working Papers with number 11/200.

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Length: 26
Date of creation: 01 Aug 2011
Date of revision:
Handle: RePEc:imf:imfwpa:11/200

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Keywords: Workers remittances; Migration; Capital inflows; remittances; remittance; worker migration; labor migration; remitter; workers ? remittances; increase in remittances; capita remittances; migrant workers; migrant; remittance flows; per capita remittances; immigrant stock; data on remittances; migrant worker; immigrant workers; remitters; bilateral remittance; amount of remittances; determinants of remittances; volume of remittances; immigrant population; capital flows; flow of remittances; value of remittances; worker remittances; average remittances; highly qualified workers; illegal immigrants; average remittance; flows of remittances; capita remittance; remittance inflow; value of remittance; migrant transfers; remittance transfers; impact of remittances; highly skilled workers; mexican immigrants; remittance data; monthly remittances; impact of remittances on growth; diaspora; growth of remittances; bilateral remittances;

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References

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  1. 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.
  2. Frankel, Jeffrey A., 2011. "Are Bilateral Remittances Countercyclical?," Scholarly Articles 9642640, Harvard Kennedy School of Government.
  3. Casey B. Mulligan & Tomas J. Philipson, 2000. "Merit Motives and Government Intervention: Public Finance in Reverse," NBER Working Papers 7698, National Bureau of Economic Research, Inc.
  4. Catalina Amuedo-Dorantes & Susan Pozo, 2006. "Remittances as insurance: evidence from Mexican immigrants," Journal of Population Economics, Springer, vol. 19(2), pages 227-254, June.
  5. Hoddinott, John, 1994. "A Model of Migration and Remittances Applied to Western Kenya," Oxford Economic Papers, Oxford University Press, vol. 46(3), pages 459-76, July.
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Citations

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Cited by:
  1. Rashid Hussain & Ghulam Abbas Anjum, 2014. "Worker’s Remittances and GDP Growth in Pakistan," International Journal of Economics and Financial Issues, Econjournals, vol. 4(2), pages 376-381.
  2. Kumar, Ronald/R, 2011. "Role of Trade, Aid, Remittances and Financial Development in Pakistan," MPRA Paper 38871, University Library of Munich, Germany.
  3. Clemens, Michael A. & McKenzie, David, 2014. "Why don't remittances appear to affect growth ?," Policy Research Working Paper Series 6856, The World Bank.
  4. Ahmed, Junaid & Martinez-Zarzoso, Inmaculada, 2014. "What drives bilateral remittances to Pakistan? A gravity model approach," Center for European, Governance and Economic Development Research Discussion Papers 209, University of Goettingen, Department of Economics.
  5. Kumar, Ronald R., 2011. "Role of Financial and Technology Inclusion, Remittances and Exports vis-à-vis growth: A study of Nepal," MPRA Paper 38850, University Library of Munich, Germany, revised 17 May 2012.
  6. Mazhar MUGHAL & Amar Iqbal ANWAR, 2012. "Remittances, Inequality and Poverty in Pakistan: Macro and Microeconomic Evidence," Working Papers 2012-2013_2, CATT - UPPA - Université de Pau et des Pays de l'Adour, revised Aug 2012.
  7. Rashid Amjad & G. M. Arif & M. Irfan, 2012. "Preliminary Study: Explaining the Ten-fold Increase in Remittances to Pakistan 2001-2012," PIDE-Working Papers 2012:86, Pakistan Institute of Development Economics.
  8. Ahmed, Junaid & Martinez-Zarzoso, Inmaculada, 2013. "Blessing or curse: The stabilizing role of remittances, foreign aid and FDI to Pakistan," Center for European, Governance and Economic Development Research Discussion Papers 153, University of Goettingen, Department of Economics.

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