Remittances : An Automatic Output Stabilizer? /

Remittance flows appear to be falling worldwide for the first time in decades as a result of the ongoing financial turmoil. It is suspected that the drop in remittance income into developing and emerging markets will have a destabilizing effect on these economies. The paper estimates the impact of r...

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Bibliographic Details
Main Author: Hakura, Dalia
Other Authors: Chami, Ralph, Montiel, Peter
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2009.
Series:IMF Working Papers; Working Paper ; No. 2009/091
Online Access:Full text available on IMF