Verfügbarkeit: Remittances and Institutions

Remittances and Institutions: Are Remittances a Curse?

This paper addresses the complex and overlooked relationship between the receipt of workers'' remittances and institutional quality in the recipient country. Using a simple model, we show how an increase in remittance inflows can lead to deterioration of institutional quality - specificall...

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1. Verfasser:	Dagher, Jihad (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C International Monetary Fund 2008
Schriftenreihe:	IMF Working Papers Working Paper No. 08/29
Online-Zugang:	UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 URL des Erstveröffentlichers
Zusammenfassung:	This paper addresses the complex and overlooked relationship between the receipt of workers'' remittances and institutional quality in the recipient country. Using a simple model, we show how an increase in remittance inflows can lead to deterioration of institutional quality - specifically, to an increase in the share of funds diverted by the government for its own purposes. Empirical testing of this proposition is complicated by the likelihood of reverse causality. In a cross section of 111 countries we document a negative impact of the ratio of remittance inflows to GDP on domestic institutional quality, even after controlling for potential reverse causality. We find that a higher ratio of remittances to GDP is associated with lower indices of control of corruption, government effectiveness, and rule of law
Beschreibung:	1 Online-Ressource (31 p)
ISBN:	145186891X 9781451868913

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spelling	Dagher, Jihad Verfasser aut Remittances and Institutions Are Remittances a Curse? Dagher, Jihad Washington, D.C International Monetary Fund 2008 1 Online-Ressource (31 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 08/29 This paper addresses the complex and overlooked relationship between the receipt of workers'' remittances and institutional quality in the recipient country. Using a simple model, we show how an increase in remittance inflows can lead to deterioration of institutional quality - specifically, to an increase in the share of funds diverted by the government for its own purposes. Empirical testing of this proposition is complicated by the likelihood of reverse causality. In a cross section of 111 countries we document a negative impact of the ratio of remittance inflows to GDP on domestic institutional quality, even after controlling for potential reverse causality. We find that a higher ratio of remittances to GDP is associated with lower indices of control of corruption, government effectiveness, and rule of law Online-Ausg Abdih, Yasser Sonstige oth Chami, Ralph Sonstige oth Montiel, Peter Sonstige oth http://elibrary.imf.org/view/IMF001/08984-9781451868913/08984-9781451868913/08984-9781451868913.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	Dagher, Jihad Remittances and Institutions Are Remittances a Curse?
title	Remittances and Institutions Are Remittances a Curse?
title_auth	Remittances and Institutions Are Remittances a Curse?
title_exact_search	Remittances and Institutions Are Remittances a Curse?
title_exact_search_txtP	Remittances and Institutions Are Remittances a Curse?
title_full	Remittances and Institutions Are Remittances a Curse? Dagher, Jihad
title_fullStr	Remittances and Institutions Are Remittances a Curse? Dagher, Jihad
title_full_unstemmed	Remittances and Institutions Are Remittances a Curse? Dagher, Jihad
title_short	Remittances and Institutions
title_sort	remittances and institutions are remittances a curse
title_sub	Are Remittances a Curse?
url	http://elibrary.imf.org/view/IMF001/08984-9781451868913/08984-9781451868913/08984-9781451868913.xml
work_keys_str_mv	AT dagherjihad remittancesandinstitutionsareremittancesacurse AT abdihyasser remittancesandinstitutionsareremittancesacurse AT chamiralph remittancesandinstitutionsareremittancesacurse AT montielpeter remittancesandinstitutionsareremittancesacurse

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