Issues on Private Foreign Remittances Influence on the Economy

Irina B. Petrosyan ()

Journal Transition Studies Review, 2016, vol. 23, issue 2, 43-45

Abstract: For the most of developing countries foreign private remittances are not only the most important sources of disposable income forming but also in some cases form more strong channel of foreign currency inflows than participation in the international trade, foreign aid and foreign private investments. Remittances are the form of resource movement from developed countries to developing, significance of which increases every day. They potentially could become a pillar for the development of the financial sector in the recipient country, partly transforming into savings and entering on the financial market through formal credit channels. The study focuses on the main effects created by the foreign remittances and makes an attempt to analyze the short-term and long-term influence on the recipient countries economies.

Keywords: Remittances; International migration; Exchange rate; Dutch disease (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations:

Downloads: (external link)
https://transitionacademiapress.org/jtsr/article/view/145/93 (application/pdf)
Access to full texts is restricted to Journal Transition Studies Review

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ase:jtsrta:v:23:y:2016:i:2:p:43-45:id:145

Access Statistics for this article

More articles in Journal Transition Studies Review from Transition Academia Press
Bibliographic data for series maintained by Giorgio Dominese ().