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Are immigrant remittance flows a source of capital for development?

The character of immigrant remittances in economic unfolding continues to be an important issue for researchers and policymakers. the two groups are attracted to immigrant remittances because they show a substantial flow of financial resources, predominantly from evolveed economies to developing economies. For example, Buch and others (2002) estimate that total remittances (plus compensation of employees) averaged $81 billion by means of year during the 1990s. Our have a title to estimates, containing remittances solitary peaked at over $59 billion through year in the mid-1990s. It is difficult to diocese these ...





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