Worker’s remittances as stable financial flows: some evidence from India

Bhupal Singh

MPRA Paper from University Library of Munich, Germany

Abstract: This paper dwells upon the financial dimension of workers’ remittances as this issue has assumed significant policy attention across the spectrum of developing countries. Specifically, it addresses the following: i) Literature on workers’’ remittances in a macro economic framework; ii) Stability of workers’ remittances as a sustainable source of external finance; iii) Channels through the workers’ remittances flows into India and the issue of high transaction cost entailed in transmitting funds; and (iv) Impact of policy reforms in India on the modes of remittance transfers.

Keywords: Workers' remittances; financial flows; transaction cost (search for similar items in EconPapers)
JEL-codes: F22 F24 (search for similar items in EconPapers)
Date: 2006
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Citations: View citations in EconPapers (4)

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