Determinants and Volatility of Remittances in the Caribbean

Author(s): Moore, Alvon; Greenidge, Kevin; (2008)

Created 28 Jul, 2008
Categories Working Papers
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For most developing countries, remittances are the second largest source of external development financing, behind foreign direct investment (FDI). Remittances are however considered to be less volatile than FDI and provide a stable flow of money to the receiving country.

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