Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/274649 
Year of Publication: 
2023
Citation: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Article No.:] 97v2 [Year:] 2023
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
Remittances have risen spectacularly in absolute terms and in relation to traditional sources of foreign exchange, such as export revenues. Remittances can improve the well-being of family members left behind and boost growth rates of receiving economies. They can also create a culture of dependency, lowering labor force participation in recipient nations, promoting conspicuous consumption, and accelerating environmental degradation. A more thorough understanding of their impacts can help formulate policies that enable developing economies to harness the most out of these monetary inflows.
Subjects: 
remittances
consumption smoothing
remittance policy
developing economies
JEL: 
F24
O1
O2
Persistent Identifier of the first edition: 
Document Type: 
Article

Files in This Item:
File
Size
283.61 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.