Aid has been for decades an important source of financing for developing countries, but more recently remittance flows have increased rapidly and are beginning to dwarf aid flows. This paper investigates how remittances affect aid flows, and how this relationship varies depending on the channel...

Economic development activities change the physical and social environments in which individuals live. For planners, it is important to anticipate the types of changes that might occur, and to put measures in place that mitigate negative impacts and promote positive impacts on people and...

Lawmakers want to know the returns on their investment. The difficulties in measuring benefits and costs, and attributing some portion of those to specific research and technology development (R&D) programs, has meant that many such studies are not seen as credible by those lawmakers. This paper...

The paper investigates the determinants and the macroeconomic role of remittances in sub-Saharan Africa, assembling the most comprehensive dataset available so far on remittances in the region and incorporating data on the diaspora. It finds that remittances are larger for countries with a...

There has been little systematic empirical study on the relationship between remittances and growth. This paper attempts to examine this relationship. Using a newly constructed crosscountry of data series for remittances covering a large sample of developing countries, we relate the interaction...