Remittances
Bibliographic Data
| ID | 7077331 |
|---|---|
| Authors | F Garip (0000-0002-6729-2728, corresponding author) |
| Year | 2011 |
| Publication date | 2011-05-25 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | OTHER |
| Venue | The Blackwell Encyclopedia of Sociology (JOURNAL) |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1002/9781405165518.wbeosr091 |
| OpenAlex | W4246447349 |
| ISBN | 9781405165518 |
| Language | EN |
| References cited | 5 |
Remittances are funds and goods sent by internal or international migrants to their origin families and communities. According to World Bank estimates, remittances to developing countries reached US$325 billion in 2010, constituting the largest source of external finance, and more than 10 percent of the gross domestic product, in many countries. Remittances relax budget constraints in receiving households and create investment opportunities in receiving communities. These flows also provide a potential pathway to reduce poverty and inequality in the most deprived regions of the world
Business · Development economics · Economic growth · Economics · Gross domestic product · Inequality · International economics · Investment (military · Political science · Poverty · Product (mathematics · Diaspora, migration, transnational identity · Migration and Labor Dynamics · Migration, Ethnicity, and Economy
| Citation velocity | historical |
|---|---|
| Highly cited | No |