Remittances and Development: Lessons from Latin America (Latin American Development Forum) - Softcover

Softcover

ISBN 10: 0821368702 ISBN 13: 9780821368701

Publisher: World Bank Publications, 2008

Synopsis

Workers' remittances have become a major source of financing for developing countries and are especially important in Latin America and the Caribbean, which is at the top of the ranking of remittance receiving regions in the world. While there has been a recent surge in analytical work on the topic, this book is motivated by the large heterogeneity in migration and remittance patterns across countries and regions, and by the fact that existing evidence for Latin America and the Caribbean is restricted to only a few countries, such as Mexico and El Salvador. Because the nature of the phenomenon varies across countries, its development impact and policy implications are also likely to differ in ways that are still largely unknown. This book helps fill the gap by exploring, in the specific context of Latin America and Caribbean countries, some of the main questions faced by policymakers when trying to respond to increasing remittances flows. The book relies on cross-country panel data and household surveys for 11 Latin American countries to explore the development impact of remittance flows along several dimensions: growth, poverty, inequality, schooling, health, labor supply, financial development, and real exchange rates.

Edition details

• Publisher: World Bank Publications
• Publication date: 2008
• Language: English
• ISBN 10: 0821368702
• ISBN 13: 9780821368701
• Binding: Paperback
• Number of pages: 408
• Editor: Fajnzylber Pablo, Lopez J. Humberto