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Record Nr. |
UNINA9910825681803321 |
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Autore |
Kireyev Alexei |
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Titolo |
The Macroeconomics of Remittances : : The Case of Tajikistan / / Alexei Kireyev |
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Pubbl/distr/stampa |
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Washington, D.C. : , : International Monetary Fund, , 2006 |
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ISBN |
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1-4623-2560-2 |
1-4527-3199-3 |
1-283-51643-8 |
9786613828880 |
1-4519-0798-2 |
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Edizione |
[1st ed.] |
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Descrizione fisica |
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1 online resource (26 p.) |
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Collana |
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Soggetti |
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Emigrant remittances - Tajikistan - Econometric models |
Labor market - Tajikistan |
Aggregate Factor Income Distribution |
Banking |
Banks and Banking |
Banks and banking |
Banks |
Commercial banks |
Depository Institutions |
Emigration and Immigration |
Emigration and immigration |
Exports and Imports |
Income economics |
Income |
International economics |
International finance |
International Migration |
Labor economics |
Labor Economics: General |
Labor |
Labour |
Macroeconomics |
Micro Finance Institutions |
Migration |
Migration, immigration & emigration |
Mortgages |
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Remittances |
Tajikistan, Republic of |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Nota di bibliografia |
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Includes bibliographical references (p. 23-24). |
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Nota di contenuto |
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""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"" |
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Sommario/riassunto |
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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. |
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