Series: IMF Working Papers
Author(s): Dalia Hakura , Ralph Chami , and Peter Montiel
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 April 2009
Keywords: output volatility, stability, remittance, remittance flows, remittance inflows,
Remittance flows appear to be falling worldwide for the first time in decades as a result of the ongoing financial turmoil. It is suspected that the drop in remittance income into developing and emerging markets wi...