Remittances And The Real Exchange Rate:

Existing empirical evidence indicates that remittances have a positive impact on a good number of development indicators of recipient countries. Yet when flows are too large relative to the size of the recipient economies, as those observed in a number of Latin American countries, they may also brin...

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Bibliographische Detailangaben
Hauptverfasser: Bussolo, Maurizio 1964- (VerfasserIn), López, J. Humberto 1965- (VerfasserIn), Molina, Luis (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Washington, D.C The World Bank 2007
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Zusammenfassung:Existing empirical evidence indicates that remittances have a positive impact on a good number of development indicators of recipient countries. Yet when flows are too large relative to the size of the recipient economies, as those observed in a number of Latin American countries, they may also bring a number of undesired problems. Among those probably the most feared in this context is the Dutch Disease. This paper explores the empirical evidence regarding the impact of remittances on the real exchange rate. The findings suggest that remittances indeed appear to lead to a significant real exchange rate appreciation. The paper also explores policy options that may somewhat offset the observed effect
Beschreibung:Weitere Ausgabe: Bussolo, Maurizio: Remittances And The Real Exchange Rate
Beschreibung:1 Online-Ressource (33 Seiten)