01826cas a2200265 a 4500 AALejournalIMF006089 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451873634 1018-5941 BD-DhAAL BD-DhAAL Singh, Raju. Determinants and Macroeconomic Impact of Remittances in Sub-Saharan Africa / Raju Singh, Kyung-woo Lee, Markus Haacker. Washington, D.C. : International Monetary Fund, 2009. 1 online resource (26 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 The paper investigates the determinants and the macroeconomic role of remittances in sub-Saharan Africa, assembling the most comprehensive dataset available so far on remittances in the region and incorporating data on the diaspora. It finds that remittances are larger for countries with a larger diaspora or when the diaspora is located in wealthier countries, and that they behave countercyclically, consistent with a role as a shock absorber. Although the effect of remittances in growth regressions is negative, countries with well functioning domestic institutions seem nevertheless to be better at unlocking the potential for remittances to contribute to faster economic growth. Mode of access: Internet Haacker, Markus. Lee, Kyung-woo. IMF Working Papers; Working Paper ; No. 2009/216 Full text available on IMF http://elibrary.imf.org/view/journals/001/2009/216/001.2009.issue-216-en.xml IMF e-Library