Remittance flows transmit global shocks, says IMF paper


A working paper published by the International Monetary Fund on October 19 says remittance flows play an important role in propagating global shocks to the countries receiving them.

The authors, Adolfo Barajas, Ralph Chami, Christian Ebeke and Sampawende Tapsoba, note for a large fraction of the poorest nations, remittances – wages and salaries earned by non-resident workers – surpass both official development assistance and foreign direct investment.

The strength of this remittance channel, the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: