TY  - BOOK
AU  - Kireyev,Alexei P.
TI  - The Macroeconomics of Remittances: The Case of Tajikistan 
T2  - IMF Working Papers; Working Paper
SN  - 1451862628 :
SN  - 1018-5941
PY  - 2006///
CY  - Washington, D.C.
PB  - International Monetary Fund
KW  - Banking System
KW  - imf
KW  - Banking
KW  - Impact of Remittances
KW  - International Migration
KW  - Migration
KW  - Open Economy Macroeconomics
KW  - Tajikistan
N2  - 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
UR  - http://elibrary.imf.org/view/IMF001/07156-9781451862621/07156-9781451862621/07156-9781451862621.xml
UR  - http://www.imfbookstore.org/IMFORG/9781451862621
ER  -