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The Impact of Remittances on Economic Insecurity

  • Krishnan Sharma
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    This paper illustrates that cross-country generalizations about the impact of remittances on economic security are useful only up to a certain point; beyond that their effect can be influenced by the interplay of various factors relating to the motivations and characteristics of migrants, economic/social/political conditions in the country of origin, immigration policies and conditions in the host country, and the size and concentrations of the remittances. The policy implications outlined in the paper include the need for caution and retrospection in certain instances as well as action and international collaboration in other areas.

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    File URL: http://www.un.org/esa/desa/papers/2009/wp78_2009.pdf
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    Paper provided by United Nations, Department of Economics and Social Affairs in its series Working Papers with number 78.

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    Length: 20 pages
    Date of creation: Jul 2009
    Date of revision:
    Handle: RePEc:une:wpaper:78
    Contact details of provider: Web page: http://www.un.org/en/development/desa/working-papers.html
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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. Raghuram G. Rajan & Arvind Subramanian, 2005. "What Undermines Aid's Impact on Growth?," NBER Working Papers 11657, National Bureau of Economic Research, Inc.
    3. Adams, Richard H. Jr., 2004. "Remittances and poverty in Guatemala," Policy Research Working Paper Series 3418, The World Bank.
    4. Matteo Bugamelli & Francesco Paterno, 2006. "Do workers' remittances reduce the probability of current account reversals?," LSE Research Online Documents on Economics 19872, London School of Economics and Political Science, LSE Library.
    5. Acosta, Pablo & Fajnzylber, Pablo & Lopez, J. Humberto, 2007. "The impact of remittances on poverty and human capital : evidence from Latin American household surveys," Policy Research Working Paper Series 4247, The World Bank.
    6. Amuedo-Dorantes, Catalina & Pozo, Susan, 2004. "Workers' Remittances and the Real Exchange Rate: A Paradox of Gifts," World Development, Elsevier, vol. 32(8), pages 1407-1417, August.
    7. Funkhouser, Edward, 1992. "Migration from Nicaragua: some recent evidence," World Development, Elsevier, vol. 20(8), pages 1209-1218, August.
    8. Serdar Sayan, 2006. "Business Cycles and Workers' Remittances; How Do Migrant Workers Respond to Cyclical Movements of GDP At Home?," IMF Working Papers 06/52, International Monetary Fund.
    9. Dilip Ratha, 2006. "Leveraging remittances for development," Proceedings, Federal Reserve Bank of Dallas, pages 173-185.
    10. Akhtar Hossain, 1997. "The Real Exchange Rate, Production Structure, and Trade balance: The Case of Bangladesh," Indian Economic Review, Department of Economics, Delhi School of Economics, vol. 32(2), pages 155-177, July.
    11. Yang, Dean, 2005. "International migration, human capital, and entrepreneurship : evidence from Philippine migrants'exchange rate shocks," Policy Research Working Paper Series 3578, The World Bank.
    12. José Ernesto López-Córdova & Alexandra Olmedo, 2006. "International remittances and development : existing evidence, policies and recommendations," INTAL Working Papers 1290, Inter-American Development Bank, INTAL.
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