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This study examines the potential of remittances for promoting economic growth and reducing poverty in Asian countries using data for more than 20 countries in the region for 1988-2007. The results indicate that remittances positively affect home country real gross domestic product (GDP) per...
Persistent link: https://www.econbiz.de/10003913752
Remittances to Asia plunged during the 1997 Asian financial crisis, but the drop was temporary as the flows were increasing once again after just 1 year. The current crisis, however, is fundamentally different in that even the countries that send remittances have been adversely affected. The...
Persistent link: https://www.econbiz.de/10003913760
Unemployment and underemployment are the most pressing problems in Asia today, as reflected in the widespread underutilization rate of about 29% of the total labor force. Most labor forces in developing countries cannot afford to be completely unemployed and the standard labor force framework...
Persistent link: https://www.econbiz.de/10015180192
Remittances to Asia plunged during the 1997 Asian financial crisis, but the drop was temporary as the flows were increasing once again after just 1 year. The current crisis, however, is fundamentally different in that even the countries that send remittances have been adversely affected. The...
Persistent link: https://www.econbiz.de/10010507285
Remittances to Asia plunged during the 1997 Asian financial crisis, but the drop was temporary as the flows were increasing once again after just 1 year. The current crisis, however, is fundamentally different in that even the countries that send remittances have been adversely affected. The...
Persistent link: https://www.econbiz.de/10008487558
Remittances to Asia plunged during the 1997 Asian financial crisis, but the drop was temporary as the flows were increasing once again after just one year. The current crisis, however, is fundamentally different in that even the main remittance-sending countries have been adversely affected. The...
Persistent link: https://www.econbiz.de/10008674547
This study examines the potential of remittances for promoting economic growth and reducing poverty in Asian countries using data for more than 20 countries in the region for 1988-2007. The results indicate that remittances positively affect home country real gross domestic product (GDP) per...
Persistent link: https://www.econbiz.de/10013142815
After two generations of economic growth, the next phase of structural transformation for Asia will have several salient features. Our results suggest that no single policy orientation, pathway, or even destination will apply to all economies. The main driver for each economy's structural change...
Persistent link: https://www.econbiz.de/10013049248
As Asia consolidates the economic gains and policy lessons of twogenerations, it can look to a bright future of sustained growth. More effectivepolicies will even accelerate this growth, provided they recognize the essentialagents of trade and productivity growth, as well as the importance...
Persistent link: https://www.econbiz.de/10015153852
After two generations of economic growth, the next phase of structural transformation for Asia will have several salient features. Our results suggest that no single policy orientation, pathway, or even destination will apply to all economies. The main driver for each economy's structural change...
Persistent link: https://www.econbiz.de/10010336930