Open AccessJournal Article
Workers' remittances, economic growth and poverty in developing Asia and the Pacific countries
TLDR
Workers' remittances, economic growth and poverty in developing Asia and the Pacific Countries as mentioned in this paper examines the impact of workers remittance on growth, poverty reduction, and economic growth.Abstract:
"Workers' Remittances, Economic Growth and Poverty in Developing Asia and the Pacific Countries" examines the impact of workers' remittances on growth and poverty reduction in developing Asia-Pacific countries using panel data over the period 1993-2003. The results suggests that while remittances do have a significant impact on poverty reduction through increasing income, smoothing consumption and easing capital constraints of the poor, they have only a marginal impact on growth operating through domestic investment and human capital development.read more
Citations
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Remittances and economic growth in developing countries
TL;DR: In this article, the authors examined the effect of workers' remittances on economic growth in a sample of 39 developing countries using panel data from 1980-2004 resulting in 195 observations.
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Do International Remittances Affect Poverty in Africa
TL;DR: In this article, the authors examined the impact of international remittances on poverty reduction in 33 African countries over the period 1990-2005 and found that a 10 percent increase in official international remittance as a share of GDP leads to a 2.9 percent decline in the poverty headcount or the share of people living in poverty.
Journal ArticleDOI
Remittances and financial development: substitutes or complements in economic growth?
Giulia Bettin,Alberto Zazzaro +1 more
TL;DR: In this paper, the authors introduce a new indicator of financial development to measure the efficiency of the domestic banking system, and find the existence of complementarity between remittances and bank efficiency in economic growth.
BookDOI
Impact of Migration on Economic and Social Development A Review of Evidence and Emerging Issues
TL;DR: A review of the literature on the development impact of migration and remittances on origin countries and on destination countries in the South is provided in this article, where the authors highlight a few policy recommendations calling for better integration of migration in development policies in the south and the North.
References
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Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations.
Manuel Arellano,Stephen Bond +1 more
TL;DR: In this article, the generalized method of moments (GMM) estimator optimally exploits all the linear moment restrictions that follow from the assumption of no serial correlation in the errors, in an equation which contains individual effects, lagged dependent variables and no strictly exogenous variables.
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Growth is Good for the Poor
David Dollar,Aart Kraay +1 more
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Growth is good for the poor
David Dollar,Aart Kraay +1 more
TL;DR: The authors found that the share of income accruing to the bottom quintile does not vary systematically with the average income, and that when average income rises, the average incomes of the poorest fifth of society rise proportionately.
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Global Economic Prospects
TL;DR: In this paper, the forecast for real GDP growth in the world economy during 2002 (i.e., on a fourthquarter-to-fourth-quarter basis) is cut by about half a percentage point to 3 percent, a pace that is slightly below my estimate of the potential growth rate for world GDP.
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Do international migration and remittances reduce poverty in developing countries
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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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