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dc.contributor.authorSolimano, Andrés
dc.date.accessioned2014-01-02T16:11:50Z
dc.date.available2014-01-02T16:11:50Z
dc.date.issued2003-10
dc.identifier.isbn9211214211
dc.identifier.urihttp://hdl.handle.net/11362/5390
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.language.isoen
dc.publisherECLAC
dc.relation.ispartofseriesSerie Macroeconomía del Desarrollo
dc.titleRemittances by emigrants: issues and evidence
dc.typeTexto
dc.contributor.entityNU. CEPAL. División de Desarrollo Económico
dc.divisionDivisión de Desarrollo Económico
dc.publicationstatusDisponible
dc.regionalofficeSantiago
dc.physicaldescription37 p. : diagrs., tabls.
dc.jobnumberS0310686 E
dc.salenumber03.II.G.152
dc.callnumberINT UN/EC 65(26/2003)
dc.callnumberLC/L.1990-P
dc.identifier.unsymbolLC/L.1990-P
dc.placeofeditionSantiago
dc.relation.ispartofseriesno26
dc.subject.spanishFINANCIACION DEL DESARROLLO
dc.subject.spanishMIGRACION INTERNACIONAL
dc.subject.spanishMOVIMIENTOS DE CAPITAL
dc.subject.spanishREMESAS
dc.subject.englishCAPITAL MOVEMENTS
dc.subject.englishDEVELOPMENT FINANCE
dc.subject.englishINTERNATIONAL MIGRATION
dc.subject.englishREMITTANCES
dc.coverage.spatialspaAMERICA LATINA
dc.coverage.spatialengLATIN AMERICA
dc.type.biblevelDocumento Completo
dc.doctypeSeries
dc.topic.spanishREMESAS
dc.topic.spanishMIGRACIÓN INTERNACIONAL
dc.topic.spanishMIGRACIÓN
dc.topic.englishREMITTANCES
dc.topic.englishINTERNATIONAL MIGRATION
dc.topic.englishMIGRATION
dc.idsade13609
dc.workarea.spanishDESARROLLO ECONÓMICO
dc.workarea.spanishPOBLACIÓN Y DESARROLLO
dc.workarea.englishECONOMIC DEVELOPMENT
dc.workarea.englishPOPULATION AND DEVELOPMENT


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