Macroeconomic impact of remittances in developing economies

This thesis examines the macroeconomic impact of remittances in developing economies, using data from 1990 to 2016. Despite poverty-reducing and welfare-enhancing characteristics for recipient households, remittances remain to inhibit macroeconomic policy in developing economies; by producing Dutch Disease effects, by creating an indeterminate effect on long run economic growth, and by reducing the quality of financial institutions. This thesis explores these key issues surrounding remittances along with a overall theme on fiscal policy, financial development and monetary policy. The significa... Mehr ...