Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/125317 
Year of Publication: 
2014
Citation: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Article No.:] 97 [Publisher:] Institute for the Study of Labor (IZA) [Place:] Bonn [Year:] 2014
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
Remittances have risen spectacularly in recent decades, capturing the attention of researchers and policymakers and spurring debate on their pros and cons. Remittances can improve the well-being of family members left behind and boost the economies of receiving countries. They can also create a culture of dependency in the receiving country, lowering labor force participation, promoting conspicuous consumption, and slowing economic growth. A better understanding of their impacts is needed in order to formulate specific policy measures that will enable developing economies to get the greatest benefit from these monetary inflows.
Subjects: 
remittances
remittance income volatility
remittance policy
developing economies
JEL: 
F24
O1
O2
Persistent Identifier of the first edition: 
Document Type: 
Article

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