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The Macroeconomics of Remittances :, The Case of Tajikistan, Alexei Kireyev

Abstract
The paper seeks to assess the macroeconomic implications of large-scale inward remittances for a small open economy. By including remittances in several standard models, the paper concludes that the overall macroeconomic impact of remittances is likely to be ambiguous. The impact depends on the structural characteristics of the receiving country, in particular its consumption and investment patterns, and its capacity to manage large financial inflows. As data deficiencies and methodological problems associated with remittances preclude crosscountry empirical investigation, the paper illustrates these findings with data on Tajikistan, where remittances as a share of GDP are among the highest in the world. The paper also evaluates the pros and cons of remittances in a broader political economy context
Table Of Contents
""Contents""; ""I. INTRODUCTION""; ""II. LABOR MIGRATION AND REMITTANCES IN TAJIKISTAN""; ""III. THE MACROECONOMIC IMPACT OF REMITTANCES""; ""IV. CONCLUSIONS""; ""V. APPENDIX I. POSSIBLE THEORETICAL TREATMENT OF REMITTANCES""; ""VI. REFERENCES""
Language
eng
Literary Form
non fiction
Note
"January 2006."
Physical Description
1 online resource (26 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781452731995

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