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The study proposes to evaluate the impact of the current financial crisis on remittances received by three South Asian … countries, namely Pakistan, Bangladesh and Sri Lanka. The objective is twofold: to forecast the impact of change in remittances … remittances will be used in a Keynesian framework to assess the impact of remittances on the growth of these countries while at …
Persistent link: https://www.econbiz.de/10013137468
In the aftermath of the 2008 global financial crisis, the implications of financial liberalisation for stability and economic growth has come under increased scrutiny. One strand of literature posits a positive relationship between financial liberalisation and economic growth and development....
Persistent link: https://www.econbiz.de/10011698477
This paper investigates whether local cooperative banks mitigated income inequality in Italian municipalities after the two main crises that characterized the European landscape between 2008 and 2015, i.e. the financial and sovereign-debt crises. Estimation results reveal that, although in the...
Persistent link: https://www.econbiz.de/10015413874
role of remittances as automatic stabilizers. Notwithstanding a reduction in their personal incomes due to the recession in … migrants’ remittances, thus overcoming the hurdles created by the COVID-related restrictions adopted in both the sending and …
Persistent link: https://www.econbiz.de/10014348472
documents the recent slowdown in workers' remittances, the money that international immigrants send to their countries of origin … reporting an almost zero percent growth rate of remittances for 2008. Among Latin American countries, Mexico (the largest … recipient of remittances in the region in terms of volume) seems to be the most affected with a decrease of more than US$900 …
Persistent link: https://www.econbiz.de/10013156942
Migrant remittances are an important source of external finance for developing countries. The current financial crisis … is believed to have influenced migrant remittance flows as well as volume and patterns of use of remittances. In this …
Persistent link: https://www.econbiz.de/10013125653
increases in household remittances received from overseas. The estimated elasticity of Philippine-peso remittances with respect …
Persistent link: https://www.econbiz.de/10014071752
This paper outlines the impact of the global economic crisis on Africa. Recovery requires coordinated and consistent … gains made in opening up African economies and aid architecture. -- Africa ; least developed countries ; global economic …
Persistent link: https://www.econbiz.de/10009011676
Persistent link: https://www.econbiz.de/10003863874
Governors and senior officials representing some two dozen central banks from Africa and other regions of the world met … at the BIS in May 2011 to discuss the monetary policy and financial stability issues facing Africa after the global … where the crisis could have had potentially the largest impact on central banking in Africa: (i) financial access; (ii …
Persistent link: https://www.econbiz.de/10013092071