The Demographic, Economic and Financial Determinants of International Remittances in Developing Countries

What causes developing countries to receive different levels of international remittances? This paper addresses this question by using new data on such variables as the skill composition of migrants, poverty, and interest and exchange rates to examine the determinants of remittances. The paper finds that the skill composition of migrants does matter in remittance determination. Countries which export a larger share of high-skilled (educated) migrants receive less per capita remittances than countries which export a larger proportion of low-skilled migrants. It also finds that the level of poverty in a labor-sending country does not have a positive impact on the level of remittances received.

Bibliographic Details

Main Author:	Adams, Richard H., Jr.
Format:	Policy Research Working Paper biblioteca
Language:	English
Published:	World Bank, Washington, DC 2008-03
Subjects:	AMOUNT OF REMITTANCES, BALANCE OF PAYMENTS, BALANCE OF PAYMENTS STATISTICS, BANK POLICY, BIASES, BRAIN DRAIN, CAPITA REMITTANCES, CIVIL UNREST, CIVIL WAR, COUNTRY OF ORIGIN, DETERMINANTS OF REMITTANCES, DEVELOPING COUNTRIES, DUMMY VARIABLES, ECONOMIC DEVELOPMENT, ECONOMIC POLICY, EDUCATED MIGRANTS, EDUCATIONAL ATTAINMENT, EMIGRANT REMITTANCES, EXCHANGE RATE, EXCHANGE RATES, EXPENDITURE, EXPENDITURES, EXTENDED FAMILY, FAMILIES, FAMILY INCOME, FAMILY MEMBERS, GLOBAL DEVELOPMENT, GLOBAL DEVELOPMENT FINANCE, HOLDING, HOME COUNTRY, HOUSEHOLD BUDGET, HOUSEHOLD SIZE, HOUSEHOLD SURVEY, HOUSEHOLD SURVEYS, HOUSEHOLDS, ILLEGAL IMMIGRANTS, IMMIGRANTS, INCOME INEQUALITY, INFORMAL CHANNELS, INFORMAL FLOWS, INFORMAL REMITTANCES, INSTRUMENT, INSURANCE, INTEREST RATES, INTERNATIONAL BANK, INTERNATIONAL DEVELOPMENT, INTERNATIONAL MIGRATION, INTERNATIONAL MIGRATION REVIEW, INTERNATIONAL POVERTY LINES, INTERNATIONAL REMITTANCE, INTERNATIONAL REMITTANCES, INVESTMENT OPPORTUNITIES, IRREGULAR MIGRANTS, LATIN AMERICAN, LEVEL OF EDUCATION, LEVEL OF POVERTY, LOW- INCOME COUNTRIES, MACROECONOMIC DETERMINANTS, MIGRANT, MIGRANT WORKERS, MIGRANTS, MIGRATION, MIGRATION DATA, MONETARY FUND, MONEY HOME, NUMBER OF INTERNATIONAL MIGRANTS, NUMBER OF MIGRANTS, NUMBER OF PEOPLE, POLICY RESEARCH, POLICY RESEARCH WORKING PAPER, POLITICAL ECONOMY, POLITICAL INSTABILITY, POOR, POOR PERSON, POPULATION CENSUS, POPULATION DATA, POPULATION DENSITY, POVERTY DATA, POVERTY GAP, POVERTY GAP INDEX, POVERTY LINE, POVERTY LINES, POVERTY MEASURES, PRIVATE TRANSFERS, PROGRESS, PURCHASING POWER, PURCHASING POWER PARITY, REAL EXCHANGE RATE, REAL INTEREST, REAL INTEREST RATE, REAL INTEREST RATES, RECEIPT, REGIONAL DUMMY, REMITTANCE, REMITTANCE DATA, REMITTANCE FLOWS, REMITTANCE MONIES, REMITTANCES, REMITTERS, RESOURCE FLOWS, RESPECT, RETURN, RETURNS, RURAL, RURAL AREAS, SECONDARY SCHOOL, SECONDARY SCHOOL EDUCATION, SKILL LEVEL, SKILLED MIGRANTS, SKILLED MIGRATION, SOUTH ASIAN, STOCKS, SUB-SAHARAN AFRICA, TEMPORARY MIGRANTS, TRANSACTION, TRANSACTION COSTS, UNDOCUMENTED IMMIGRANTS, UNION, URBAN AREAS, URBAN POPULATION, USES OF REMITTANCES, WORKERS REMITTANCES,
Online Access:	http://documents.worldbank.org/curated/en/2008/03/9314751/demographic-economic-financial-determinants-international-remittances-developing-countries http://hdl.handle.net/10986/6539
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