Format:
Online-Ressource (26 p)
Edition:
Online-Ausg.
ISBN:
1451873638
,
9781451873634
Series Statement:
IMF Working Papers Working Paper No. 09/216
Content:
The paper investigates the determinants and the macroeconomic role of remittances in sub-Saharan Africa, assembling the most comprehensive dataset available so far on remittances in the region and incorporating data on the diaspora. It finds that remittances are larger for countries with a larger diaspora or when the diaspora is located in wealthier countries, and that they behave countercyclically, consistent with a role as a shock absorber. Although the effect of remittances in growth regressions is negative, countries with well functioning domestic institutions seem nevertheless to be better at unlocking the potential for remittances to contribute to faster economic growth
Additional Edition:
Erscheint auch als Druck-Ausgabe Singh, Raju Determinants and Macroeconomic Impact of Remittances in Sub-Saharan Africa Washington, D.C. : International Monetary Fund, 2009 ISBN 9781451873634
Language:
English
DOI:
10.5089/9781451873634.001
