Series: IMF Working Papers
Author(s): Ralph Chami , Yasser Abdih , Amine Mati , and Michael Gapen
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 September 2009
Keywords: remittance-dependent economies, growth rate, remittance, growth rate of remittances, real gdp, Open Economy Macroeconomics, Fiscal Policies and Behavior of Economic Agents: General, National Deficit Surplus,
We investigate the impact of remittances on public debt sustainability and detail how the traditional debt-to-GDP ratio can be modified to create a more accurate representation of debt sustainability for a country...