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International aid: towards a responsible partnership for development
The eighth of the 2015 United Nations Millennium Development Goals (MDGs) states that the international community is to take measures to increase cooperation and encourage a partnership between the developed and the developing world. With a Human Development Index (HDI) of 0.49, and with 40% of its population living below […]
Read all posts for ‘developing countries’
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Impact of Remittances on Poverty in Developing Countries (UNCTAD)
Remittances are becoming an important source of external financing for developing countries. For some developing countries it forms almost 40-50% of their GDP. This study undertakes impact analysis of remittances on poverty in developing countries at two levels. Firstly, it estimates the impact of remittances on poverty in 77 developing […]
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Do International Migration and Remittances Reduce Poverty in Developing Countries?
This paper examines the impact of international migration and remittances on poverty in 71 developing countries. The results show that both international migration and remittances significantly reduce the level, depth, and severity of poverty in the developing world. After allowing for the possible endogeneity of international migration, and controlling for […]
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The Impact of Remittances: Observations in Remitting and Receiving Countries
Remittance flows are an important source of funds for many developing countries. Worker Remittances have been growing rapidly in the past few years and now represent the largest source of foreign income for many developing countries. It is hard to estimate the exact size of remittance flows because many transfers […]
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The New Development Mantra
Remittances have emerged as an important source of external development finance for developing countries in recent years. This paper examines the causes and implications of remittance flows. It suggests a role for an international organization to intermediate these flows to lower transaction costs and increase transparency, which would both enhance […]