Remittances by emigrants: issues and evidence

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cepal.bibLevelDocumento Completo
cepal.callNumberINT UN/EC 65(26/2003)
cepal.callNumberLC/L.1990-P
cepal.divisionEngEconomic Development Division
cepal.divisionSpaDivisión de Desarrollo Económico
cepal.docTypeSeries
cepal.idSade13609
cepal.jobNumberS0310686 E
cepal.physicalDescriptiondiagramas, tablas
cepal.regionalOfficeSantiago
cepal.saleNumber03.II.G.152
cepal.topicEngREMITTANCES
cepal.topicEngINTERNATIONAL MIGRATION
cepal.topicEngMIGRATION
cepal.topicSpaREMESAS
cepal.topicSpaMIGRACIÓN INTERNACIONAL
cepal.topicSpaMIGRACIÓN
cepal.workareaEngECONOMIC DEVELOPMENT
cepal.workareaEngPOPULATION AND DEVELOPMENT
cepal.workareaSpaDESARROLLO ECONÓMICO
cepal.workareaSpaPOBLACIÓN Y DESARROLLO
dc.contributor.authorSolimano, Andrés
dc.contributor.entityNU. CEPAL. División de Desarrollo Económico
dc.coverage.spatialEngLATIN AMERICA
dc.coverage.spatialSpaAMERICA LATINA
dc.date.accessioned2014-01-02T16:11:50Z
dc.date.available2014-01-02T16:11:50Z
dc.date.issued2003-10
dc.descriptionIncludes bibliography
dc.description.abstractRemittances are, currently, the second most important source of external finance to developing countries, after foreign direct investment. They do surpass foreign aid. Remittances tend to be more stable than volatile capital flows such as portfolio investment and international bank credit. Remittances are also an international redistribution from low-income migrants to their families in the home country. World-wide, remittances are relatively concentrated in a group of developing countries: the top 20-recipients countries of workers remittances capture around 80 percent of total workers remittances to the developing countries. The three main source countries of remittances are the U.S, Saudi Arabia and Germany. The three main recipient countries, in terms of value, are India, Mexico and the Philippines. The international market for remittances is segmented and costly for migrants. Money transmitter operators dominating the market charge high fees and use overvalued exchange rates for money transfers. Commercial banks of both source and recipient countries have a low share of the global remittances market.
dc.formatTexto
dc.format.extent37 páginas.
dc.format.mimetypeapplication/pdf
dc.identifier.isbn9211214211
dc.identifier.unSymbolLC/L.1990-P
dc.identifier.urihttps://hdl.handle.net/11362/5390
dc.language.isoeng
dc.physicalDescription37 p. : diagrs., tabls.
dc.publisherECLAC
dc.publisher.placeSantiago
dc.relation.isPartOfSeriesSerie Macroeconomía del Desarrollo
dc.relation.isPartOfSeriesNo26
dc.rights.coarDisponible
dc.subject.unbisEngCAPITAL MOVEMENTS
dc.subject.unbisEngDEVELOPMENT FINANCE
dc.subject.unbisEngINTERNATIONAL MIGRATION
dc.subject.unbisEngREMITTANCES
dc.subject.unbisSpaFINANCIACION DEL DESARROLLO
dc.subject.unbisSpaMIGRACION INTERNACIONAL
dc.subject.unbisSpaMOVIMIENTOS DE CAPITAL
dc.subject.unbisSpaREMESAS
dc.titleRemittances by emigrants: issues and evidence
dc.type.coarlibro
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