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...
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1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
[Washington, D.C]
World Bank
[2006]
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Schriftenreihe: | Policy research working paper
3957 |
Schlagworte: | |
Online-Zugang: | BSB01 EUV01 HTW01 FHI01 IOS01 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 |
Beschreibung: | 1 Online-Ressource |
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spelling | Aggarwal, Reena Verfasser aut Do workers' remittances promote financial development ? Reena Aggarwal, Asli Demirguc-Kunt, Maria Soledad Martinez Peria, Research working paper Collection Title:Policy [Washington, D.C] World Bank [2006] 1 Online-Ressource txt rdacontent c rdamedia cr rdacarrier Policy research working paper 3957 Includes bibliographical references Title from PDF file as viewed on 8/23/2006 "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 Online-Ausg Also available in print Emigrant remittances Developing countries Finance Developing countries Demirguç-Kunt, Asli 1961- Sonstige oth World Bank Sonstige oth Aggarwal, Reena Do workers' remittances promote financial development ? http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3957 Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Aggarwal, Reena Do workers' remittances promote financial development ? Emigrant remittances Developing countries Finance Developing countries |
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_exact_search_txtP | 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 | Emigrant remittances Developing countries Finance Developing countries |
topic_facet | Emigrant remittances Developing countries Finance Developing countries |
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 |