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Remittances, Monetary Policy and Partial Sterilization Diego E. Vacaflores Texas State University San Marcos Abstract: Remittances play a large and important role in certain economies, where they.

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Families receiving remittances have increased household savings resulting from higher disposable income. Research has shown that, as the amount received increases, the number of families setting aside savings, opening bank accounts and participating in other financial activities also rises.

Remittances and Developing Nations They are the private savings of workers and families that are spent in the home country for food, clothing, and other expenditures, and which drive the home economy. For many developing nations, remittances from citizens working abroad provide an important source of much-needed funds.

Unlike financial remittances, which are flows of cash or goods sent by migrants to their origin countries, social remittances refer to economic, social, political attitudes, behaviours and norms that are transmitted through migration.

Remittances is directly used to provide food for families, access health services and quality education, as well as clean water and sanitation. Compared to foreign aid, the household-to-household nature of remittances makes remittances an important and direct vehicle in achieving accelerated poverty reduction.

Remittances can generate a positive effect on the economy thorough various channels such as savings, investment, growth, consumption, and poverty and income distribution. At the national level, remittances contribute significantly to GDP.

We find that remittances lower inequality, and that they become more pro-poor over time as migration opportunities become more widespread. This also strengthens their insurance effects, mitigating some of the negative impact of shocks on the poorest.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232