01849cas a2200241 a 4500 AALejournalIMF004173 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451863901 1018-5941 BD-DhAAL BD-DhAAL Bouhga-Hagbe, Jacques. Altruism and Workers' Remittances : Evidence from Selected Countries in the Middle East and Central Asia / Jacques Bouhga-Hagbe. Washington, D.C. : International Monetary Fund, 2006. 1 online resource (29 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Workers' remittances have been playing an increasingly important role in the balance of payments of many countries and can significantly contribute to the strength of their external positions. Assessing the likely stability of remittance flows could be a valuable input to the analysis of their external vulnerabilities. This paper argues that "altruism," as a motive to send money home, would contribute to the stability of these flows. Using a simple framework that relates workers' remittances to agricultural GDP, which is used as an indicator of economic "hardship" in the home country, evidence suggests that altruism could have played an important role in the flow of remittances to Egypt, Jordan, Morocco, Pakistan, and Tunisia in recent years. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2006/130 Full text available on IMF http://elibrary.imf.org/view/journals/001/2006/130/001.2006.issue-130-en.xml IMF e-Library