000 02613cam a22006014a 4500
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003 The World Bank
006 m d
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008 020129s2007 dcu i001 0 eng
024 8 _a10.1596/1813-9450-4213
035 _a(The World Bank)4213
100 1 _aBussolo, Maurizio
245 1 0 _aRemittances and the Real Exchange Rate
_h[electronic resource] /
_cBussolo, Maurizio
260 _aWashington, D.C.,
_bThe World Bank,
_c2007
300 _a1 online resource (33 p.)
520 3 _aExisting empirical evidence indicates that remittances have a positive impact on a good number of development indicators of recipient countries. Yet when flows are too large relative to the size of the recipient economies, as those observed in a number of Latin American countries, they may also bring a number of undesired problems. Among those probably the most feared in this context is the Dutch Disease. This paper explores the empirical evidence regarding the impact of remittances on the real exchange rate. The findings suggest that remittances indeed appear to lead to a significant real exchange rate appreciation. The paper also explores policy options that may somewhat offset the observed effect.
650 4 _aCapital Inflow
650 4 _aConsumption
650 4 _aCurrencies and Exchange Rates
650 4 _aDebt Markets
650 4 _aDemand
650 4 _aDomestic Economy
650 4 _aDutch Disease
650 4 _aEconomic Stabilization
650 4 _aEconomic Theory and Research
650 4 _aEconomies
650 4 _aEconomy
650 4 _aEmerging Markets
650 4 _aExternal Financing
650 4 _aFinance and Financial Sector Development
650 4 _aGrowth Rates
650 4 _aInternational Markets
650 4 _aLoss of Competitiveness
650 4 _aMacroeconomic Management
650 4 _aMacroeconomic Stability
650 4 _aMacroeconomics and Economic Growth
650 4 _aNatural Resources
650 4 _aOpen Economy
650 4 _aPrivate Sector Development
650 4 _aReal Exchange Rate
650 4 _aReal Exchange Rate Appreciation
650 4 _aRemittance
650 4 _aRemittances
650 4 _aRisk
650 4 _aWelfare
700 1 _aBussolo, Maurizio
700 1 _aLopez, Humberto
700 1 _aMolina, Luis
776 1 8 _aPrint version:
_iBussolo, Maurizio.
_tRemittances and the Real Exchange Rate.
_dWashington, D.C., The World Bank, 2007
830 0 _aPolicy research working papers.
830 0 _aWorld Bank e-Library.
856 4 0 _uhttp://elibrary.worldbank.org/doi/book/10.1596/1813-9450-4213
999 _c139974
_d139974