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Author/Editor:
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Bouhga-Hagbe, Jacques
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Publication Date:
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May 01, 2006
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Electronic Access:
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Free Full text
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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.
The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate
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Summary:
Workers' remittances have been playing an increasingly important role in the balance of payments of many countries and can significantly contribute to the strength of their external positions. Assessing the likely stability of remittance flows could be a valuable input to the analysis of their external vulnerabilities. This paper argues that "altruism," as a motive to send money home, would contribute to the stability of these flows. Using a simple framework that relates workers' remittances to agricultural GDP, which is used as an indicator of economic "hardship" in the home country, evidence suggests that altruism could have played an important role in the flow of remittances to Egypt, Jordan, Morocco, Pakistan, and Tunisia in recent years.
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Order a print copy
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Series:
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Working Paper No. 06/130
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Subject(s):
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Workers remittances | Egypt | Jordan | Morocco | Pakistan | Tunisia | Middle East and Central Asia | Balance of payments positions
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Author's Keyword(s):
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Remittances | altruism | co-integration | Egypt | Jordan | Morocco | Pakistan | Tunisia |
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English
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Publication Date:
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May 01, 2006
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ISBN/ISSN:
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0 / 1934-7073
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Format:
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Paper
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Stock No:
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WPIEA2006130
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Pages:
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29
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Price:
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US$15.00 )
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Please address any questions about this title to
publications@imf.org
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