Migrant Remittances and the Investment Climate: Exploring the Nexus

Migrant Remittances and the Investment Climate: Exploring the Nexus

Migrant remittances are the second largest source of private capital flows into developing countries after FDI. Remittance flows augment foreign exchange reserves, strengthen the deposit base, and improve country credit ratings. Although migration may result in a brain drain, these flows and the cap...

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Bibliographic Details
Main Author: Sander, Cerstin
Language:English
Published: Washington, DC: World Bank 2012
Subjects:
World Development Report 2005
Online Access:http://hdl.handle.net/10986/9171
id okr-10986-9171
recordtype oai_dc
spelling okr-10986-91712021-04-23T14:02:44Z Migrant Remittances and the Investment Climate: Exploring the Nexus Sander, Cerstin World Development Report 2005 Migrant remittances are the second largest source of private capital flows into developing countries after FDI. Remittance flows augment foreign exchange reserves, strengthen the deposit base, and improve country credit ratings. Although migration may result in a brain drain, these flows and the capital and human skills of migrant returnees contribute to investment and wealth creation. Remittances can be facilitated by improving financial infrastructure and systems which will also enhance the investment climate. 2012-06-26T15:40:09Z 2012-06-26T15:40:09Z 2004 http://hdl.handle.net/10986/9171 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC: World Bank Africa Latin America & Caribbean
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic World Development Report 2005
spellingShingle World Development Report 2005
Sander, Cerstin
Migrant Remittances and the Investment Climate: Exploring the Nexus
geographic_facet Africa
Latin America & Caribbean
description Migrant remittances are the second largest source of private capital flows into developing countries after FDI. Remittance flows augment foreign exchange reserves, strengthen the deposit base, and improve country credit ratings. Although migration may result in a brain drain, these flows and the capital and human skills of migrant returnees contribute to investment and wealth creation. Remittances can be facilitated by improving financial infrastructure and systems which will also enhance the investment climate.
author Sander, Cerstin
author_facet Sander, Cerstin
author_sort Sander, Cerstin
title Migrant Remittances and the Investment Climate: Exploring the Nexus
title_short Migrant Remittances and the Investment Climate: Exploring the Nexus
title_full Migrant Remittances and the Investment Climate: Exploring the Nexus
title_fullStr Migrant Remittances and the Investment Climate: Exploring the Nexus
title_full_unstemmed Migrant Remittances and the Investment Climate: Exploring the Nexus
title_sort migrant remittances and the investment climate: exploring the nexus
publisher Washington, DC: World Bank
publishDate 2012
url http://hdl.handle.net/10986/9171
_version_ 1764408731625324544

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