IDEAS home Printed from https://ideas.repec.org/a/bla/popdev/v50y2024i3p891-907.html
   My bibliography  Save this article

Remittances‐Adjusted Support Ratio

Author

Listed:
  • Lukas Tohoff
  • Daji Landis
  • Letizia Mencarini
  • Arnstein Aassve

Abstract

We introduce a new demographic indicator, the remittances‐adjusted support ratio (RASR), which incorporates the support offered through remittances into the existing support ratio (SR). Remittances have increased rapidly in recent decades due to improved technology, and they play a crucial role in the countries that send migrants abroad. This is important as many countries are still undergoing their demographic transitions, and here remittances are particularly relevant. Our formulation of the RASR suggests an alternative in which population pressures are alleviated through migration, but where migrants send remittances and thus provide support without being present in their home countries. We show that the RASR has diverged substantially from the SR in a range of countries during the last three decades. The RASR, therefore, offers new insight into economic and demographic support and constitutes a useful tool for policymakers and researchers in the 21st century.

Suggested Citation

  • Lukas Tohoff & Daji Landis & Letizia Mencarini & Arnstein Aassve, 2024. "Remittances‐Adjusted Support Ratio," Population and Development Review, The Population Council, Inc., vol. 50(3), pages 891-907, September.
  • Handle: RePEc:bla:popdev:v:50:y:2024:i:3:p:891-907
    DOI: 10.1111/padr.12627
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/padr.12627
    Download Restriction: no

    File URL: https://libkey.io/10.1111/padr.12627?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Ofori, Isaac K. & Gbolonyo, Emmanuel & Dossou, Marcel A. T. & Nkrumah, Richard K., 2022. "Remittances and Income Inequality in Africa: Financial Development Thresholds for Economic Policy," MPRA Paper 113015, University Library of Munich, Germany.
    2. Friederike Rühmann & Sai Aashirvad Konda & Paul Horrocks & Nina Taka, 2020. "Can blockchain technology reduce the cost of remittances?," OECD Development Co-operation Working Papers 73, OECD Publishing.
    3. Bloom, David E & Williamson, Jeffrey G, 1998. "Demographic Transitions and Economic Miracles in Emerging Asia," The World Bank Economic Review, World Bank, vol. 12(3), pages 419-455, September.
    4. Junaid Ahmed & Mazhar Mughal & Inmaculada Martínez‐Zarzoso, 2021. "Sending money home: Transaction cost and remittances to developing countries," The World Economy, Wiley Blackwell, vol. 44(8), pages 2433-2459, August.
    5. Leonie Kaphahn & Louis Brennan, 2017. "Reassessing the risk conditions for political instability in the light of the Arab Spring," Journal of Risk Research, Taylor & Francis Journals, vol. 20(11), pages 1497-1515, November.
    6. Julia Bersch & Jean François Clevy & Naseem Muhammad & Mrs. Esther Perez Ruiz & Mr. Yorbol Yakhshilikov, 2021. "Fintech Potential for Remittance Transfers: A Central America Perspective," IMF Working Papers 2021/175, International Monetary Fund.
    7. Dustmann, Christian & Glitz, Albrecht, 2011. "Migration and Education," Handbook of the Economics of Education, in: Erik Hanushek & Stephen Machin & Ludger Woessmann (ed.), Handbook of the Economics of Education, edition 1, volume 4, chapter 0, pages 327-439, Elsevier.
    8. Maria Cristina Zhunio & Sharmila Vishwasrao & Eric P. Chiang, 2012. "The influence of remittances on education and health outcomes: a cross country study," Applied Economics, Taylor & Francis Journals, vol. 44(35), pages 4605-4616, December.
    9. Richard Adams, 2011. "Evaluating the Economic Impact of International Remittances On Developing Countries Using Household Surveys: A Literature Review," Journal of Development Studies, Taylor & Francis Journals, vol. 47(6), pages 809-828.
    10. SeyedSoroosh Azizi, 2021. "The impacts of workers’ remittances on poverty and inequality in developing countries," Empirical Economics, Springer, vol. 60(2), pages 969-991, February.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Amar Anwar & Colin F. Mang & Sonia Plaza, 2024. "Remittances and inequality: A meta‐analytic investigation," The World Economy, Wiley Blackwell, vol. 47(6), pages 2664-2705, June.
    2. Björn NILSSON, 2019. "Education and migration: insights for policymakers," Working Paper 23ca9c54-061a-4d60-967c-f, Agence française de développement.
    3. Imtiaz Arif & Syed Ali Raza & Anita Friemann & Muhammad Tahir Suleman, 2019. "The Role of Remittances in the Development of Higher Education: Evidence from Top Remittance Receiving Countries," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 141(3), pages 1233-1243, February.
    4. Ibrahim A. Adekunle & Sheriffdeen A. Tella, 2021. "Remittances and the Future of African Economies," Working Papers of the African Governance and Development Institute. 21/053, African Governance and Development Institute..
    5. Hannes Warnecke-Berger, 2022. "The financialization of remittances and the individualization of development: A new power geometry of global development," Environment and Planning A, , vol. 54(4), pages 702-721, June.
    6. Yuyu Chen & Ginger Zhe Jin & Yang Yue, 2024. "Peer Migration in China," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 86(2), pages 257-313, April.
    7. Titus Ayobami Ojeyinka & Cleopatra Oluseye Ibukun, 2024. "Do remittances mitigate poverty? Evidence from selected countries in Africa, Asia and Latin America," Economic Change and Restructuring, Springer, vol. 57(3), pages 1-28, June.
    8. Sy, Deborah Kim & Hosoe, Nobuhiro, 2023. "Consequences of a minimum wage increase in a migrant-sending country," Economic Analysis and Policy, Elsevier, vol. 80(C), pages 1057-1066.
    9. Nnaelue Godfrey Ojijieme & Xinzhu Qi & Chin-Man Chui, 2022. "Do Remittances Enhance Elderly Adults’ Healthy Social and Physical Functioning? A Cross-Sectional Study in Nigeria," IJERPH, MDPI, vol. 19(4), pages 1-17, February.
    10. Köllner, Sebastian, 2013. "Remittances and educational attainment: Evidence from Tajikistan," Discussion Paper Series 124, Julius Maximilian University of Würzburg, Chair of Economic Order and Social Policy.
    11. Iddisah Sulemana & Louis Doabil & Ebenezer Bugri Anarfo, 2019. "International Remittances and Subjective Wellbeing in Sub-Saharan Africa: A Micro-level Study," Journal of Family and Economic Issues, Springer, vol. 40(3), pages 524-539, September.
    12. Ibrahim A. Adekunle & Sheriffdeen A. Tella & Kolawole Subair & Soliu B. Adegboyega, 2020. "Remittances and Financial Development in Africa," Working Papers of the African Governance and Development Institute. 20/081, African Governance and Development Institute..
    13. Adriana R. Cardozo Silva & Luis R. Diaz Pavez & Inmaculada Martínez‐Zarzoso & Felicitas Nowak‐Lehmann, 2022. "The impact of COVID‐19 government responses on remittances in Latin American countries," Journal of International Development, John Wiley & Sons, Ltd., vol. 34(4), pages 803-822, May.
    14. Ibrahim A. Adekunle & Sheriffdeen A. Tella & Kolawole Subair & Soliu B. Adegboyega, 2020. "Remittances and Financial Development in Africa," Working Papers 20/081, European Xtramile Centre of African Studies (EXCAS).
    15. Ibrahim A. Adekunle & Sheriffdeen A. Tella, 2021. "Remittances and the Future of African Economies," Working Papers 21/053, European Xtramile Centre of African Studies (EXCAS).
    16. Ibrahim A. Adekunle & Sheriffdeen A. Tella & Kolawole Subair & Soliu B. Adegboyega, 2020. "Remittances and Financial Development in Africa," Research Africa Network Working Papers 20/081, Research Africa Network (RAN).
    17. Manuela NGABA, 2021. "How does mobile money affect the use of informal remittance channels in Sub-Saharan Africa?," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 53, pages 123-146.
    18. Boburmirzo Ibrokhimov & Rashid Javed & Mazhar Mughal, 2023. "Migrants remittances and fertility in the Post-Soviet states," Post-Communist Economies, Taylor & Francis Journals, vol. 35(6), pages 574-596, August.
    19. Al-Jabri, Nasser & Campbell, Neil & Saha, Shrabani & Khan, Safdar, 2022. "The role of youth bulge on political instability: Cross-country evidence," Economic Analysis and Policy, Elsevier, vol. 76(C), pages 1053-1074.
    20. Philip Stevens & Jasson Urbach & Gabrielle Wills, 2013. "Healthy Trade: The Relationship Between Open Trade and Health," Foreign Trade Review, , vol. 48(1), pages 125-135, February.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:popdev:v:50:y:2024:i:3:p:891-907. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0098-7921 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.