PublicationsGovernance and Social IssuesMigration

Do workers' remittances promote financial development ?

Workers' remittances to developing countries have become the second largest type of flows after foreign direct investment. The authors use data on workers' remittance flows to 99 developing countries from 1975-2003 to study the impact of remittances on financial sector development.

Link http://www-wds.worldbank.…64258546&theSitePK=523679
Author Aggarwal, R., Demirguc-Kunt, A., Martinez P., Maria S.
Date 01-Jul-2006
Institute World Bank
Tags remittances, FDI, developing

See also

  1. Emigrant Remittances: Impact on Economic Development of Kyrgyzstan
  2. Workers' remittances to developing countries : a survey with central banks on selected public policy issues
  3. Infrastructure services in developing countries : access, quality, costs and policy reform
  4. The impact of liberalizing barriers to foreign direct investment in services - the case of Russian accession to the World Trade Organization
  5. International migration, remittances, and poverty in developing countries

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