Do Workers' Remittances Reduce the Probability of Current Account Reversals?

The authors combine the literature on financial crises in emerging markets and developing economies with that on international migrations by investigating whether the increasingly large flows of workers' remittances can help reduce the probability of current account reversals. The rationale for...

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Bibliographic Details
Main Authors: Bugamelli, Matteo, Paternò, Francesco
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
GDP
Online Access:http://documents.worldbank.org/curated/en/2005/11/6399379/workers-remittances-reduce-probability-current-account-reversals
http://hdl.handle.net/10986/8495