Migration and Foreign Remittances in the Philippines /

International migration and large remittance flows have been prominent features of the Philippine economy for many decades. This paper describes the evolving pattern of migration and remittance flows and analyzes some of the channels through which remittances affect economic activity. The empirical...

Fuld beskrivelse

Bibliografiske detaljer
Hovedforfatter: Burgess, Robert
Andre forfattere: Haksar, V.
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2005.
Serier:IMF Working Papers; Working Paper ; No. 2005/111
Online adgang:Full text available on IMF
Beskrivelse
Summary:International migration and large remittance flows have been prominent features of the Philippine economy for many decades. This paper describes the evolving pattern of migration and remittance flows and analyzes some of the channels through which remittances affect economic activity. The empirical evidence does not clearly support the purported short-term stabilizing effect on consumption of remittance flows. Furthermore, as in other countries, the longer term economic effect of such flows is ambiguous.
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Fysisk beskrivelse:1 online resource (17 pages)
Format:Mode of access: Internet
ISSN:1018-5941
Adgang:Electronic access restricted to authorized BRAC University faculty, staff and students