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Migrations et transferts de fonds. Impact sur les pays d'origine

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  • Riccardo Faini

Abstract

In the nineteenth century, migration proved to be a powerful engine of growth and income convergence. In the present episode of globalization, migration appears to be confined to a relatively marginal role, overwhelmed by the expansion of trade and especially capital flows. A further key difference is that immigration policies in the main destination countries have become increasingly selective and tend to favour the entry of skilled individuals. The paper focuses on the impact of international migration flows on sending countries. What are the determinants of migrants? wages, remittances and, ultimately, the impact of out migration on the home country? What are the conditions for the brain drain to turn into a brain gain? What are the micro and macro-economic impact of remittances? The paper will review the main policy implications that can be derived from the existing theoretical and empirical literature.

Suggested Citation

  • Riccardo Faini, 2007. "Migrations et transferts de fonds. Impact sur les pays d'origine," Revue d’économie du développement, De Boeck Université, vol. 15(2), pages 153-182.
  • Handle: RePEc:cai:edddbu:edd_212_0153
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    1. repec:dau:papers:123456789/2574 is not listed on IDEAS
    2. Laurent Gheeraert & Ritha Sukadi Mata & Daniel Traca, 2010. "Remittances and Domestic Investment in Developing Countries: An Analysis of the Role of Financial Sector Development," Working Papers CEB 10-013.RS, ULB -- Universite Libre de Bruxelles.
    3. Destrée, Nicolas & Gente, Karine & Nourry, Carine, 2021. "Migration, remittances and accumulation of human capital with endogenous debt constraints," Mathematical Social Sciences, Elsevier, vol. 112(C), pages 38-60.
    4. Luis Miotti & El Mouhoub Mouhoud & Joel Oudinet, 2010. "Determinants and Uses of Remittances to Southern and Eastern Mediterranean Countries: Insights from a New Survey," Development Working Papers 288, Centro Studi Luca d'Agliano, University of Milano, revised 30 Apr 2010.
    5. Farid Farid, 2014. "The impact of exchange rate policy on remittances in Morocco: A Threshold VAR analysis," Economics Bulletin, AccessEcon, vol. 34(4), pages 2351-2360.
    6. repec:dau:papers:123456789/5545 is not listed on IDEAS
    7. Simeon Maxime Bikoue, 2020. "African Migrants and Remittances: Impact on Growth and Development of their Home Countries," Business and Economic Research, Macrothink Institute, vol. 10(3), pages 292-310, September.
    8. Luis Miotti & El Mouhoub Mouhoud & Joel Oudinet, 2009. "Migrations And Determinants Of Remittances To Southern Mediterranean Countries: When History Matters !," Post-Print hal-00483303, HAL.
    9. Sami Ben Mim & Fatma Mabrouk, 2011. "Remittances and economic growth: what channels of transmission? (In French)," Cahiers du GREThA (2007-2019) 2011-28, Groupe de Recherche en Economie Théorique et Appliquée (GREThA).

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