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Wednesday, May 6, 2020 | History

2 edition of macroeconomics of remittances found in the catalog.

macroeconomics of remittances

Alexei Kireyev

macroeconomics of remittances

the case of Tajikistan

by Alexei Kireyev

  • 144 Want to read
  • 7 Currently reading

Published by International Monetary Fund, Policy Development and Review Dept. in [Washington, D.C.] .
Written in English

    Subjects:
  • Emigrant remittances -- Tajikistan -- Econometric models.,
  • Labor market -- Tajikistan.

  • About the Edition

    The paper seeks to assess the macroeconomic implications of large-scale inward remittances for a small open economy. By including remittances in several standard models, the paper concludes that the overall macroeconomic impact of remittances is likely to be ambiguous. The impact depends on the structural characteristics of the receiving country, in particular its consumption and investment patterns, and its capacity to manage large financial inflows. As data deficiencies and methodological problems associated with remittances preclude crosscountry empirical investigation, the paper illustrates these findings with data on Tajikistan, where remittances as a share of GDP are among the highest in the world. The paper also evaluates the pros and cons of remittances in a broader political economy context.

    Edition Notes

    Statementprepared by Alexi Kireyev.
    SeriesIMF working paper -- WP/06/02
    ContributionsInternational Monetary Fund. Policy Development and Review Dept.
    The Physical Object
    Pagination24 p. :
    Number of Pages24
    ID Numbers
    Open LibraryOL19920462M

    International Remittance Payments are described mainly as money sent by immigrants to their families and friends in their home countries. These payments provide an important source of income that is mostly used to provide for a variety of basic needs of the non-migrating members of immigrant families and thus remittance payments can be considered as a tool to reduce the poverty level of the. Remittances are now worth more than three times the value of official development assistance, which came to $bn last year. India remains the top recipient in dollar terms; inflows totalled $69bn.

    The macroeconomics of remittances: the case of Tajikistan. [Alexei Kireyev; International Monetary Fund. Policy Development and Review Department.] -- The paper seeks to assess the macroeconomic implications of large-scale inward remittances for a small open economy. By including remittances in several standard models, the paper concludes that the. Books, arts and culture Making remittances cheaper The cost of cross-border payments needs to drop. Sending money across borders costs too much. Leaders Apr 13th edition.

    Remittances represent a major vehicle for reducing the scale and severity of poverty in the developing world. Besides pure monetary gains, remittances are associated with greater human development outcomes across a number of areas, including health, education, and gender equality. The author argues that policymakers can maximize the positive impact of remittances by making them less costly and. This book presents findings of surveys of remittance service providers conducted in eight Sub-Saharan African countries and in three key destination countries. It looks at issues relating to costs, competition, innovation and regulation, and discusses policy options for leveraging remittances .


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Macroeconomics of remittances by Alexei Kireyev Download PDF EPUB FB2

Macroeconomic Consequences of Remittances (International Monetary Fund Occasional Paper Book ) - Kindle edition by Fullenkamp, Connel, Cosimano, Thomas F., Gapen, Michael T., Chami, Ralph, Montiel, Peter, Barajas, Adolfo, International Monetary Fund (IMF).

Download it once and read it on your Kindle device, PC, phones or tablets. Use features like bookmarks, note taking and highlighting Author: Connel Fullenkamp, Thomas F.

Cosimano, Michael T. Gapen. Macroeconomic Consequences of Remittances and millions of other books are available for Amazon Kindle. Enter your macroeconomics of remittances book number or email address below and we'll send you a link to download the free Kindle App.

Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device : Macroeconomics of remittances book. The paper seeks to assess the macroeconomic implications of large-scale inward remittances for a small open economy. By including remittances in several standard models, the paper concludes that the overall macroeconomic impact of remittances is likely to be ambiguous.

The impact depends on the structural characteristics of the receiving country, in particular its consumption and investment. The paper seeks to assess the macroeconomic implications of large-scale inward remittances for a small open economy.

By including remittances in several standard models, the paper concludes that the overall macroeconomic impact of remittances is likely to be ambiguous. The Macroeconomics of Remittances: The Case of Tajikistan Prepared by Alexei Kireyev1 Authorized for distribution by Patricia Alonso-Gamo January Abstract This Working Paper should not be reported as representing the views of the IMF.

The views expressed in this Working Paper are those of the author(s) and do not necessarily represent. Downloadable. The literature on remittances has in the past concentrated on the microeconomic aspects of the remittance process: the determinants of remittances, impact of remittances on household allocation decisions, and their impact on poverty.

Only recently has there been more attention on the macroeconomic impact of remittances. It is to be expected that, when remittance inflows are as. This study examines the impact of a remittances shock on the main macroeconomic aggregates of a small open economy.

It uses a stochastic limited participation model to generate dynamics that are consistent with the empirical literature, like the increase in inflation, consumption, and leisure.

However, the remittances shock generates a prolonged decline in GDP, which only diminishes when Cited by: document. the remittances are then detached from the correspondence and passed to the accounts manager or person in-charge, who has signs for them in the remittances book.

In the Philippines, remittances data are sourced from the balance of payments statistics. Overseas Filipino (OF) remittances surged particularly in the s. Graph 1 and Table 2 show that the magnitude of remittances to the Philippines has been significant, both in absolute terms and as a percentage of the GDP and other economic indicators.

Downloadable. This article first explores the cyclical dynamics of remittances, and then, analyzes the macroeconomic impact of remittances and the monetary policy implications.

In this endeavor, we use the case of the Philippines, one of the countries where remittances are substantial. A dynamic structural quarterly macroeconometric model of the Philippines is used to trace the various.

Remittances and other Transfer Flows to Developing Economies source: World Bank Migration and Development Brief, pdf.

Remittances growing faster than overseas development aid ODA. Remittances are less cyclical volatile than FDI (Foreign Direct Investment) and portfolio equity.

Top Recipients of Remittances. India ($70 billion) China ($66 billion). The paper seeks to assess the macroeconomic implications of large-scale inward remittances for a small open economy. By including remittances in several standard models, the paper concludes that the overall macroeconomic impact of remittances is likely to be ambiguous.

The impact depends on the structural characteristics of the receiving country, in particular its consumption and Cited by: The literature on remittances has in the past concentrated on the microeconomic aspects of the remittance process: the determinants of remittances, impact of remittances on household allocation.

Remittances and economic growth Article (PDF Available) in Transformations in Business and Economics 10(2) January with Reads How we measure 'reads'.

The macroeconomics of remittances Before we begin the analysis of the macroeconomic impact of migrants' remittances, a terminological disclaimer may be required.

In the microeconomic section, remittances were defined as an interpersonal transfer between Cited by:   Remittances are an important source of funds for many immigrant-sending countries, and remittances are one of the primary motivations for migration.

Cash or in-kind transfers sent home or brought back by international migrants may contribute to economic development in origin countries at the national and regional levels.

The Economics of Migrants’ Remittances∗ This chapter reviews the recent theoretical and empirical economic literature on migrants' remittances. It is divided between a microeconomic section on the determinants of remittances and a macroeconomic section on their growth effects.

At. Microeconomic and Macroeconomic Contexts of Remittances: /ch Global remittances flow has been rising considerably over the last decade. Their share in the GDP in some (especially developing) countries reaches severalAuthor: Andrej Přívara.

An excellent examination of the global remittances policy agenda, Remittances: Development Impact and Future Prospects is a timely and exciting resource for academics, development institutions, central banks, and all policy makers in developed and developing countries. Hernando de SotoPresident, Institute for Liberty and Democracy Re-mit-tance.

Macroeconomic Consequences of Remittances by Fullenkamp Connel, Chami Ralph, Montiel Peter, and Barajas Adolfo Given the large size of aggregate remittance flows (billions of dollars annually), they should be expected to have significant macroeconomic effects on the economies that receive them.

Remittances provide a key source of foreign savings for low income countries - Remittances are the biggest source of US dollar income for Mexico second only to oil exports. Increases a country's GNI and adds to consumers' real purchasing power - e.g.

m Egyptians work in Saudi Arabia and their remittances are an source of foreign currency. Macroeconomic Consequences of Remittances. by Connel Fullenkamp,Thomas Mr. Cosimano,Michael Gapen,Ralph Mr.

Chami,Peter Mr. Montiel,Adolfo Mr. Barajas. Occasional Papers (Book ) Thanks for Sharing! You submitted the following rating and review. We'll publish them on our site once we've reviewed : INTERNATIONAL MONETARY FUND.The economics of remittance growth of Bangladesh.

Most economic indicators on the state of the Bangladesh economy during the first half of FY20 are down with one big exception—remittances.