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. I...
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
[Washington, D.C]
World Bank
2006
|
| Schriftenreihe: | Policy research working paper
3957 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | "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. In particular, they examine whether remittances contribute to increasing the aggregate level of deposits and credit intermediated by the local banking sector. This is an important question considering the extensive literature that has documented the growth-enhancing and poverty-reducing effects of financial development. The findings provide strong support for the notion that remittances promote financial development in developing countries. "--World Bank web site |
| Beschreibung: | Includes bibliographical references. - Title from PDF file as viewed on 8/23/2006 Erscheinungsjahr in Vorlageform:[2006] Weitere Ausgabe: Aggarwal, Reena : Do workers' remittances promote financial development ? |
| Beschreibung: | 1 Online-Ressource (40 Seiten) |
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| 520 | 1 | |a "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. In particular, they examine whether remittances contribute to increasing the aggregate level of deposits and credit intermediated by the local banking sector. This is an important question considering the extensive literature that has documented the growth-enhancing and poverty-reducing effects of financial development. The findings provide strong support for the notion that remittances promote financial development in developing countries. "--World Bank web site | |
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| series2 | Policy research working paper |
| spellingShingle | Aggarwal, Reena Demirgüç-Kunt, Asli 1961- Do workers' remittances promote financial development ? Entwicklungsländer |
| title | Do workers' remittances promote financial development ? |
| title_auth | Do workers' remittances promote financial development ? |
| title_exact_search | Do workers' remittances promote financial development ? |
| title_full | Do workers' remittances promote financial development ? Reena Aggarwal, Asli Demirguc-Kunt, Maria Soledad Martinez Peria, Research working paper Collection Title:Policy |
| title_fullStr | Do workers' remittances promote financial development ? Reena Aggarwal, Asli Demirguc-Kunt, Maria Soledad Martinez Peria, Research working paper Collection Title:Policy |
| title_full_unstemmed | Do workers' remittances promote financial development ? Reena Aggarwal, Asli Demirguc-Kunt, Maria Soledad Martinez Peria, Research working paper Collection Title:Policy |
| title_short | Do workers' remittances promote financial development ? |
| title_sort | do workers remittances promote financial development |
| topic | Entwicklungsländer |
| topic_facet | Entwicklungsländer |
| url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3957 |
| work_keys_str_mv | AT aggarwalreena doworkersremittancespromotefinancialdevelopment AT demirguckuntasli doworkersremittancespromotefinancialdevelopment AT worldbank doworkersremittancespromotefinancialdevelopment |