What Is The Impact Of International Remittances On Poverty And Inequality In Latin America


What Is The Impact Of International Remittances On Poverty And Inequality In Latin America
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What Is The Impact Of International Remittances On Poverty And Inequality In Latin America


What Is The Impact Of International Remittances On Poverty And Inequality In Latin America
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Author :
language : en
Publisher: World Bank Publications
Release Date : 2007

What Is The Impact Of International Remittances On Poverty And Inequality In Latin America written by and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Debt Markets categories.


Workers' remittances have become a major source of income for developing countries. However, little is still known about their impact on poverty and inequality. Using a large cross-country panel dataset, the authors find that remittances in Latin American and Caribbean (LAC) countries have increased growth and reduced inequality and poverty. These results are robust to the use of different instruments that attempt to correct for the potential endogeneity of remittances. Household survey-based estimates for 10 LAC countries confirm that remittances have negative albeit relatively small inequality and poverty-reducing effects, even after imputations for the potential home earnings of migrants.



What Is The Impact Of International Remittances On Poverty And Inequality In Latin America


What Is The Impact Of International Remittances On Poverty And Inequality In Latin America
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Author : Pablo Acosta
language : en
Publisher:
Release Date : 2012

What Is The Impact Of International Remittances On Poverty And Inequality In Latin America written by Pablo Acosta and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with categories.


Workers' remittances have become a major source of income for developing countries. However, little is still known about their impact on poverty and inequality. Using a large cross-country panel dataset, the authors find that remittances in Latin American and Caribbean (LAC) countries have increased growth and reduced inequality and poverty. These results are robust to the use of different instruments that attempt to correct for the potential endogeneity of remittances. Household survey-based estimates for 10 LAC countries confirm that remittances have negative albeit relatively small inequality and poverty-reducing effects, even after imputations for the potential home earnings of migrants.



What Is The Impact Of International Remittances On Poverty And Inequality In Latin America


What Is The Impact Of International Remittances On Poverty And Inequality In Latin America
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Author : Pablo A. Acosta
language : en
Publisher:
Release Date : 2016

What Is The Impact Of International Remittances On Poverty And Inequality In Latin America written by Pablo A. Acosta and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.


Workers' remittances have become a major source of income for developing countries. However, little is still known about their impact on poverty and inequality. Using a large cross-country panel dataset, the authors find that remittances in Latin American and Caribbean (LAC) countries have increased growth and reduced inequality and poverty. These results are robust to the use of different instruments that attempt to correct for the potential endogeneity of remittances. Household survey-based estimates for 10 LAC countries confirm that remittances have negative albeit relatively small inequality and poverty-reducing effects, even after imputations for the potential home earnings of migrants.



What Is The Impact Of International Remittances On Poverty And Inequality In Latin America


What Is The Impact Of International Remittances On Poverty And Inequality In Latin America
DOWNLOAD

Author :
language : en
Publisher:
Release Date : 2007

What Is The Impact Of International Remittances On Poverty And Inequality In Latin America written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with categories.




The Impact Of Remittances On Poverty And Human Capital


The Impact Of Remittances On Poverty And Human Capital
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Author : Pablo Acosta
language : en
Publisher: World Bank Publications
Release Date : 2007

The Impact Of Remittances On Poverty And Human Capital written by Pablo Acosta and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Debt Markets categories.


This paper explores the impact of remittances on poverty, education, and health in 11 Latin American countries using nationally representative household surveys and making an explicit attempt to account for one of the inherent costs associated with migration -- the potential income that the migrant may have made at home. The main findings of the study are the following: (1) regardless of the counterfactual used remittances appear to lower poverty levels in most recipient countries; (2) yet despite this general tendency, the estimated impacts tend to be modes; and (3) there is significant country heterogeneity in the poverty reduction impact of remittances' flows. Among the aspects that have been identified in the paper that may lead to varying outcomes across countries are the percentage of households reporting remittances income, the share of remittances of recipient households belonging to the lowest quintiles of the income distribution, and the relative importance of remittances flows with respect to GDP. While remittances tend to have positive effects on education and health, this impact is often restricted to specific groups of the population.



How Do Migration And Remittances Affect Inequality A Case Study Of Mexico


How Do Migration And Remittances Affect Inequality A Case Study Of Mexico
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Author : Zsoka Koczan
language : en
Publisher: International Monetary Fund
Release Date : 2018-06-14

How Do Migration And Remittances Affect Inequality A Case Study Of Mexico written by Zsoka Koczan and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-06-14 with Business & Economics categories.


The poverty-reducing effects of remittances have been well-documented, however, their effects on inequality are less clear. This paper examines the impact of remittances on inequality in Mexico using household-level information on the receiving side. It hopes to speak to their insurance role by examining how remittances are affected by domestic and external crises: the 1994 Mexican Peso crisis and the Global Financial Crisis. We find that remittances lower inequality, and that they become more pro-poor over time as migration opportunities become more widespread. This also strengthens their insurance effects, mitigating some of the negative impact of shocks on the poorest.



Remittances And Development


Remittances And Development
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Author : Pablo Fajnzylber
language : en
Publisher: World Bank Publications
Release Date : 2008-02-08

Remittances And Development written by Pablo Fajnzylber and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-02-08 with Business & Economics categories.


Workers' remittances have become a major source of financing for developing countries and are especially important in Latin America and the Caribbean, which is at the top of the ranking of remittance receiving regions in the world. While there has been a recent surge in analytical work on the topic, this book is motivated by the large heterogeneity in migration and remittance patterns across countries and regions, and by the fact that existing evidence for Latin America and the Caribbean is restricted to only a few countries, such as Mexico and El Salvador. Because the nature of the phenomenon varies across countries, its development impact and policy implications are also likely to differ in ways that are still largely unknown. This book helps fill the gap by exploring, in the specific context of Latin America and Caribbean countries, some of the main questions faced by policymakers when trying to respond to increasing remittances flows. The book relies on cross-country panel data and household surveys for 11 Latin American countries to explore the development impact of remittance flows along several dimensions: growth, poverty, inequality, schooling, health, labor supply, financial development, and real exchange rates.



International Migration Remittances And Poverty In Developing Countries


International Migration Remittances And Poverty In Developing Countries
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Author : Richard H. Adams
language : en
Publisher: World Bank Publications
Release Date : 2003

International Migration Remittances And Poverty In Developing Countries written by Richard H. Adams and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Developing countries categories.


Few studies have examined the impact of international migration and remittances on poverty in a broad cross-section of developing countries. The authors try to fill this gap by constructing a new data set on poverty, international migration, and remittances for 74 low- and middle-income developing countries. Four key findings emerge: 1) International migration-defined as the share of a country's population living abroad-has a strong, statistical impact in reducing poverty. On average, a 10 percent increase in the share of international migrants in a country's population will lead to a 1.9 percent decline in the share of people living in poverty ($1.00 a person a day). 2) Distance to a major labor-receiving region-like the United States or OECD (Europe)-has an important effect on international migration. Developing countries that are located closest to the United States or OECD (Europe) are also those countries with the highest rates of migration. 3) An inverted U-shaped curve exists between the level of country per capita income and international migration. Developing countries with low or high per capita GDP produce smaller shares of international migrants than do middle-income developing countries. The authors find no evidence that developing countries with higher levels of poverty produce more migrants. Because of considerable travel costs associated with international migration, international migrants come from those income groups which are just above the poverty line in middle-income developing countries. 4) International remittances-defined as the share of remittances in country GDP-have a strong, statistical impact in reducing poverty. On average, a 10 percent increase in the share of international remittances in a country's GDP will lead to a 1.6 percent decline in the share of people living in poverty.



The Impact Of Remittances On Poverty And Human Capital


The Impact Of Remittances On Poverty And Human Capital
DOWNLOAD

Author : Pablo A. Acosta
language : en
Publisher:
Release Date : 2016

The Impact Of Remittances On Poverty And Human Capital written by Pablo A. Acosta and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.


This paper explores the impact of remittances on poverty, education, and health in 11 Latin American countries using nationally representative household surveys and making an explicit attempt to account for one of the inherent costs associated with migration - the potential income that the migrant may have made at home. The main findings of the study are the following: (1) regardless of the counterfactual used remittances appear to lower poverty levels in most recipient countries; (2) yet despite this general tendency, the estimated impacts tend to be modest; and (3) there is significant country heterogeneity in the poverty reduction impact of remittances' flows. Among the aspects that have been identified in the paper that may lead to varying outcomes across countries are the percentage of households reporting remittances income, the share of remittances of recipient households belonging to the lowest quintiles of the income distribution, and the relative importance of remittances flows with respect to GDP. While remittances tend to have positive effects on education and health, this impact is often restricted to specific groups of the population.



The Impact Of Remittances On Poverty And Human Capital


The Impact Of Remittances On Poverty And Human Capital
DOWNLOAD

Author : Pablo Acosta
language : en
Publisher:
Release Date : 2012

The Impact Of Remittances On Poverty And Human Capital written by Pablo Acosta and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with categories.


This paper explores the impact of remittances on poverty, education, and health in 11 Latin American countries using nationally representative household surveys and making an explicit attempt to account for one of the inherent costs associated with migration-the potential income that the migrant may have made at home. The main findings of the study are the following: (1) regardless of the counterfactual used remittances appear to lower poverty levels in most recipient countries; (2) yet despite this general tendency, the estimated impacts tend to be modest; and (3) there is significant country heterogeneity in the poverty reduction impact of remittances' flows. Among the aspects that have been identified in the paper that may lead to varying outcomes across countries are the percentage of households reporting remittances income, the share of remittances of recipient households belonging to the lowest quintiles of the income distribution, and the relative importance of remittances flows with respect to GDP. While remittances tend to have positive effects on education and health, this impact is often restricted to specific groups of the population.