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Fiscal Sustainability in Remittance-Dependent Economies

Author/Editor: Ralph Chami, Yasser Abdih, Amine Mati, Michael T. Gapen.

Release Date:September, 2009

We investigate the impact of remittances on public debt sustainability and detail how the traditional debt-to-GDP ratio can be modified to create a more accurate representation of debt sustainability more...



Price: $18.00
Do Workers’ Remittances Promote Economic Growth?

Author/Editor: Michael T. Gapen, Ralph Chami, Peter Montiel, Adolfo Barajas, Connel Fullenkamp.

Release Date:July, 2009

Over the past decades, workers' remittances have grown to become one of the largest sources of financial flows to developing countries, often dwarfing other widely-studied sources such as private more...



Price: $18.00
Macroeconomic Consequences of Remittances

Author/Editor: Connel Fullenkamp, Thomas F. Cosimano, Michael T. Gapen, Ralph Chami, Peter Montiel, Adolfo Barajas.

Release Date:March, 2008

Given the large size of aggregate remittance flows (billions of dollars annually), they should be expected to have significant macroeconomic effects on the economies that receive them. This paper more...



Price: $30.00