Remittances can cause volatility if concentrated – IMF paper

global34

Remittances can have important benefits in stabilising recipient economies, but the benefits may disappear when they are very geographically concentrated, a paper published by the International Monetary Fund finds.

In Remittance concentration and volatility: evidence from 72 developing countries, Amr Hosny tests the impact of remittance flows on a wide range of economic variables, finding large remittances “can be stabilising on average”.

“Importantly, however, large remittances when combined

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: http://subscriptions.centralbanking.com/subscribe

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: