The Macroeconomics of Remittances : The Case of Tajikistan / Alexei Kireyev.

Format:

Book

Government document

Author/Creator:

Kireyev, Alexei.

Contributor:

International Monetary Fund. Policy Development and Review Department.

Series:

IMF Working Papers; Working Paper ; No. 2006/002

IMF Working Papers

Language:

English

Subjects (All):

Emigrant remittances--Tajikistan--Econometric models.

Emigrant remittances.

Labor market--Tajikistan.

Labor market.

Physical Description:

1 online resource (26 p.)

Edition:

1st ed.

Place of Publication:

Washington, D.C. : International Monetary Fund, 2006.

Language Note:

English

Summary:

The paper seeks to assess the macroeconomic implications of large-scale inward remittances for a small open economy. By including remittances in several standard models, the paper concludes that the overall macroeconomic impact of remittances is likely to be ambiguous. The impact depends on the structural characteristics of the receiving country, in particular its consumption and investment patterns, and its capacity to manage large financial inflows. As data deficiencies and methodological problems associated with remittances preclude crosscountry empirical investigation, the paper illustrates these findings with data on Tajikistan, where remittances as a share of GDP are among the highest in the world. The paper also evaluates the pros and cons of remittances in a broader political economy context.

Contents:

""Contents""; ""I. INTRODUCTION""; ""II. LABOR MIGRATION AND REMITTANCES IN TAJIKISTAN""; ""III. THE MACROECONOMIC IMPACT OF REMITTANCES""; ""IV. CONCLUSIONS""; ""V. APPENDIX I. POSSIBLE THEORETICAL TREATMENT OF REMITTANCES""; ""VI. REFERENCES""

Notes:

"January 2006."

Includes bibliographical references (p. 23-24).

Description based on print version record.

ISBN:

9786613828880

9781462325603

1462325602

9781452731995

1452731993

9781283516433

1283516438

9781451907988

1451907982

OCLC:

535146979