language, fit remittance flows well. Remittances also react to inflation and exchange rate movements in recipient countries to … sustain their purchasing power. In line with the altruism hypothesis, remittances flow to countries with higher age dependency … ratio. Remittances are countercyclical and help stabilize outputs in recipient countries. However, global shocks resulting …

heterogeneous agents in which altruistic parents make schooling decisions for their children. In the presence of fixed and variable … costs for different levels of schooling, we show that reducing household costs of primary education has the largest positive … impact on growth and poverty reduction in the short run. Moreover, an increase in higher education spending increases long …

world''s largest recipient of remittances as a percent of GDP. Remittances constituted about 13 percent of the region''s GDP … official remittances to the Caribbean region. The results suggest that there is indeed some evidence for brain drain from the …

The COVID-19 crisis has a severe impact on education and employment and exposed the many social inequities that make … on education, social protection coverage, natural resource endowments, and countries' fragility are strong predictors of …