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The Effects of International Remittances on Poverty, Inequality, and Development in Rural Egypt

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TLDR
This paper used primary household data from a small area of rural Egypt in an innovative way to address such vital questions as who migrates, how remittances affect poverty and income inequality in the receiving villages, and how spending by returning migrants facilitates local development.
Abstract
The study uses primary household data from a small area of rural Egyptin an innovative way to address such vital questions as who migrates, how remittances affect poverty and income inequality in the receiving villages, and how spending by returning migrants facilitates local development. The finding of this study that the rural poor, who actively participate ininternational migration, tend to invest their remittance earnings rather than spending on own or family consumption has broad implications of policy planning of countries that send many migrants abroad

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Citations
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Do international migration and remittances reduce poverty in developing countries

TL;DR: In this paper, the authors examined the impact of international migration and remittances on poverty in the developing world and found that a 10% increase in the share of international migrants in a country's population will lead to a 2.1% decline in the percentage of people living on less than $1.00 per person per day.
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Remittances, financial development, and growth

TL;DR: This article found that remittances boost growth in countries with less developed financial systems by providing an alternative way to finance investment and helping overcome liquidity constraints, and also provided evidence that there could be an investment channel trough which remittance can promote growth especially when the financial sector does not meet the credit needs of the population.
Posted Content

Impact of Remittances on Poverty and Financial Development in Sub-Saharan Africa

TL;DR: In this article, the authors assess the impact of the steadily growing remittance flows to sub-Saharan Africa (SSA) and find that remittances, which are a stable, private transfer, have a direct poverty mitigating effect, and promote financial development.
Posted Content

Remittances, household expenditure and investment in Guatemala

TL;DR: In this article, the authors used a large household data set from Guatemala to analyze how the receipt of internal remittances (from Guatemala) and international remittance (from the United States) affects the marginal spending behavior of households on various consumption and investment goods.
Journal ArticleDOI

Effect of Remittances on Poverty and Financial Development in Sub-Saharan Africa

TL;DR: The authors assesses the effect of the steadily growing remittance flows to sub-Saharan Africa and finds that remittances, which are a stable, private transfer, have a direct poverty-mitigating effect, and promote financial development.
References
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The Adjustment of Consumption to Changing Expectations about Future Income

TL;DR: In this paper, the role of current income in providing new information about future income and signalling changes in permanent income is analyzed using time-series analysis to quantify the revision in permanent incomes induced by an innovation in the current income process.
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Migration from rural areas of poor countries: The impact on rural productivity and income distribution

TL;DR: The authors argues that townward emigration and its after-effects (remittances, return migration), in turn increase interpersonal and inter-household inequality within and between villages. And they argue that rural-urban migration is much smaller, less permanent and more likely to set up countervailing economic-demographic pressures restoring the rural population share, than received opinion about the urban crisis.
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Remittances and Inequality

TL;DR: In this article, the authors proposed a framework and developed techniques for analyzing the impact of migrant remittances on the distribution of rural income by size and subsequently its impact on rural welfare.
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Remittances from international migration: A review in perspective

TL;DR: The authors proposed an alternative perspective and delineated the "Remittances System" as a heuristic to clarify intermediate relationships between determinants and effects of remittances, identifying gaps in currently available research and arguing for greater focus upon the social and political consequences of remittance flows.
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ACHIEVING SOCIAL OBJECTIVES THROUGH PRIVATE TRANSFERS A Review

TL;DR: The authors in this article reviewed the experience of private interhousehold cash transfers in developing countries and found that the proportion of all households receiving private transfers ranges from a fifth to a half.