Are Foreign Aid And Remittance Inflows A Hedge Against Food Price Shocks

Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1463938446
Total Pages : 28 pages
Book Rating : 4.44/5 ( download)

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Download or read book Are Foreign Aid and Remittance Inflows a Hedge Against Food Price Shocks? written by International Monetary Fund and published by International Monetary Fund. This book was released on 2012-03-01 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores the role of foreign aid and remittance inflows in the mitigation of the effects of food price shocks. Using a large sample of developing countries and mobilising dynamic panel data specifications, the econometric results yield two important findings. First, remittance and aid inflows significantly dampen the effect of food price shocks in the most vulnerable countries. Second, a lower remittance-to-GDP ratio is required in order to fully absorb the effects of food price shocks compared to the corresponding aid-to-GDP ratio.

Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1463949588
Total Pages : 28 pages
Book Rating : 4.87/5 ( download)

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Download or read book Are Foreign Aid and Remittance Inflows a Hedge Against Food Price Shocks? written by International Monetary Fund and published by International Monetary Fund. This book was released on 2012-03-01 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores the role of foreign aid and remittance inflows in the mitigation of the effects of food price shocks. Using a large sample of developing countries and mobilising dynamic panel data specifications, the econometric results yield two important findings. First, remittance and aid inflows significantly dampen the effect of food price shocks in the most vulnerable countries. Second, a lower remittance-to-GDP ratio is required in order to fully absorb the effects of food price shocks compared to the corresponding aid-to-GDP ratio.

Author : Andrés Artal-Tur
Publisher : Springer
ISBN 13 : 3319040782
Total Pages : 195 pages
Book Rating : 4.83/5 ( download)

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Download or read book The Socio-Economic Impact of Migration Flows written by Andrés Artal-Tur and published by Springer. This book was released on 2014-06-27 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt: Though globalisation of the world economy is currently a powerful force, people’s international mobility appears to still be very limited. The goal of this book is to improve our knowledge of the true effects of migration flows. It includes contributions by prominent academic researchers analysing the socio-economic impact of migration in a variety of contexts: interconnection of people and trade flows, causes and consequences of capital remittances, understanding the macroeconomic impact of migration and the labour market effects of people’s flows. The latest analytical methodologies are employed in all chapters, while interesting policy guidelines emerge from the investigations. The style of the volume makes it accessible for both non-experts and advanced readers interested in this hot topic of today’s world.

Author : Asian Development Bank
Publisher : Asian Development Bank
ISBN 13 : 9292611291
Total Pages : 199 pages
Book Rating : 4.93/5 ( download)

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Download or read book Migration and Remittances for Development Asia written by Asian Development Bank and published by Asian Development Bank. This book was released on 2018-05-01 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt: Asia and the Pacific has a significant rise in migration: about one in three migrants comes from Asia according to the United Nations. Currently, over 80 million people from Asia and the Pacific live and work outside of their countries of origin. Migration and remittances have both positive and negative effects. For the countries, remittances became an important source of foreign exchange. At the household level, remittances enable families to spend more on education and health. However, migration also has a negative social impact, including the exploitation and abuse of workers. This report explores ways to enhance the welfare of migrant workers as well as ways to improve the productive investments of remittances to support the countries' growth and development.

Author : International Monetary Fund. Research Dept.
Publisher : International Monetary Fund
ISBN 13 : 1475527403
Total Pages : 54 pages
Book Rating : 4.07/5 ( download)

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Download or read book IMF Research Bulletin, June 2012 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 2012-06-05 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: The research summaries in the June 2012 issue of the IMF Research Bulletin are "Public Debt in Advanced Economies and Its Spillover Effects on Long-Term Yields" (by C. Emre Alper and Lorenzo Forni) and "Expansionary Fiscal Contractions: The Empirical Evidence" (by Rina Bhattacharya and Sanchita Mukherjee). The Q&A covers "Seven Questions about Income Inequality" (by Laura Feiveson). Also included in this issue are details on visiting scholars at the IMF, a listing of recently published IMF Working Papers and Staff Discussion Notes, as well as information on IMF Economic Review.

Author : Gilles Rouet
Publisher : Springer Nature
ISBN 13 : 3030256065
Total Pages : 621 pages
Book Rating : 4.67/5 ( download)

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Download or read book Resilience and the EU's Eastern Neighbourhood Countries written by Gilles Rouet and published by Springer Nature. This book was released on 2019-11-21 with total page 621 pages. Available in PDF, EPUB and Kindle. Book excerpt: Resilience has emerged as a key concept in EU foreign policy. The policy debate around this concept has been vigorous, but theoretical attempts to develop the concept are few. Covering fields of strategical importance, such as economic governance; growth and sustainable development; energy, environment and climate action; education, the labour market, and foreign affairs, this book is one of the first attempts to profoundly theorise the concept of ‘resilience’ in international relations by looking at several policy areas and countries. Faced with multiple crises (the economic crisis, the Brexit referendum, the refugee crisis, terrorist attacks, geopolitics such as events in the Ukraine), and challenges with its integration process, the European Union needs to become not only more intelligent, more inclusive and more sustainable, but also more resilient and more capable of reacting to different internal and external shocks. This book integrates a systemic assessment of the regions’ specific shocks and risks in relation to internal vulnerabilities (i.e. structural economic, social, institutional and political fragility) and to their long and medium-term impact on the stability, security and sustainable development in the region.

Author : International Monetary Fund. Middle East and Central Asia Dept.
Publisher : International Monetary Fund
ISBN 13 : 1475578377
Total Pages : 131 pages
Book Rating : 4.79/5 ( download)

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Download or read book Regional Economic Outlook, November 2012, Middle East and Central Asia written by International Monetary Fund. Middle East and Central Asia Dept. and published by International Monetary Fund. This book was released on 2012-11-09 with total page 131 pages. Available in PDF, EPUB and Kindle. Book excerpt: The outlook for the Middle East and North Africa region is mixed. Oil-importing countries are witnessing tepid growth, and the moderate recovery expected in 2013 is subject to heightened downside risks. For the Arab countries in transition, ongoing political transitions also weigh on growth. With policy buffers largely eroded, the need for action on macroeconomic stabilization and growth-oriented reforms is becoming increasingly urgent. Countries will need to put in place safety nets to protect the poor and build consensus for some difficult fiscal choices. The region’s oil exporters are expected to post solid growth in 2012, in part due to Libya’s better-than-expected postwar recovery. In the countries of the Gulf Cooperation Council, robust growth is supported by expansionary fiscal policies and accommodative monetary conditions. In the Caucasus and Central Asia, the outlook remains favorable, reflecting high oil prices that are benefiting oil and gas exporters, supportive commodity prices and remittance inflows benefiting oil and gas importers, and, for both groups, moderate direct exposure to Europe. The positive outlook provides an opportunity to strengthen policy buffers to prepare for any downside risks.

Author : Mr. Kangni R Kpodar
Publisher : International Monetary Fund
ISBN 13 : 1513578456
Total Pages : 35 pages
Book Rating : 4.53/5 ( download)

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Download or read book Defying the Odds: Remittances During the COVID-19 Pandemic written by Mr. Kangni R Kpodar and published by International Monetary Fund. This book was released on 2021-07-16 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides an early assessment of the dynamics and drivers of remittances during the COVID-19 pandemic, using a newly compiled monthly remittance dataset for a sample of 52 countries, of which 16 countries with bilateral remittance data. The paper documents a strong resilience in remittance flows, notwithstanding an unprecedent global recession triggered by the pandemic. Using the local projection approach to estimate the impulse response functions of remittance flows during Jan 2020-Dec 2020, the paper provides evidence that: (i) remittances responded positively to COVID-19 infection rates in migrant home countries, underscoring its role as an important automatic stabilizer; (ii) stricter containment measures have the unintended consequence of dampening remittances; and (iii) a shift from informal to formal remittance channels due to travel restrictions appears to have also played a role in the surge in formal remittances. Lastly, the size of the fiscal stimulus in host countries is positively associated with remittances as the fiscal response cushions the economic impact of the pandemic.

Author : World Bank
Publisher : World Bank Publications
ISBN 13 : 0821382268
Total Pages : 187 pages
Book Rating : 4.64/5 ( download)

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Download or read book Global Economic Prospects 2010 written by World Bank and published by World Bank Publications. This book was released on 2010-02-12 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt: “The crisis has deeply impacted virtually every economy in the world, and although growth has returned, much progress in the fight against poverty has been lost. More difficult international conditions in the years to come will mean that developing countries will have to place even more emphasis on improving domestic economic conditions to achieve the kind of growth that can durably eradicate poverty.� —Justin Yifu Lin, Chief Economist and Senior Vice President The World Bank 'Global Economic Prospects 2010: Crisis, Finance, and Growth' explores both the short- and medium-term impacts of the financial crisis on developing countries. Although global growth has resumed, the recovery is fragile, and unless business and consumer demand strengthen, the world economy could slow down again. Even if, as appears likely, a double-dip recession is avoided, the recovery is expected to be slow. High unemployment and widespread restructuring will continue to characterize the global economy for the next several years. Already, the crisis has provoked large-scale human suffering. Some 64 million more people around the world are expected to be living on less than a $1.25 per day by the end of 2010, and between 30,000 and 50,000 more infants may have died of malnutrition in 2009 in Sub-Saharan Africa, than would have been the case if the crisis had not occurred. Over the medium term, economic growth is expected to recover. But increased risk aversion, a necessary and desirable tightening of financial regulations in high-income countries, and measures to reduce the exposure of developing economies to external shocks are likely to make finance scarcer and more costly than it was during the boom period. As a result, just as the ample liquidity of the early 2000s prompted an investment boom and an acceleration in developing-country potential output, higher costs will likely yield a slowing in developing-country potential growth rates of between 0.2 and 0.7 percentage points, and as much as an 8 percent decline in potential output over the medium term. In the longer term, however, developing countries can more than offset the implications of more expensive international finance by reducing the cost of capital channeled through their domestic financial markets. For more information, please visit www.worldbank.org/gep2010. To access Prospects for the Global Economy, an online companion publication, please visit www.worldbank.org/globaloutlook.

Author : Stephane Hallegatte
Publisher : World Bank Publications
ISBN 13 : 1464806748
Total Pages : 227 pages
Book Rating : 4.42/5 ( download)

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Download or read book Shock Waves written by Stephane Hallegatte and published by World Bank Publications. This book was released on 2015-11-23 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ending poverty and stabilizing climate change will be two unprecedented global achievements and two major steps toward sustainable development. But the two objectives cannot be considered in isolation: they need to be jointly tackled through an integrated strategy. This report brings together those two objectives and explores how they can more easily be achieved if considered together. It examines the potential impact of climate change and climate policies on poverty reduction. It also provides guidance on how to create a “win-win†? situation so that climate change policies contribute to poverty reduction and poverty-reduction policies contribute to climate change mitigation and resilience building. The key finding of the report is that climate change represents a significant obstacle to the sustained eradication of poverty, but future impacts on poverty are determined by policy choices: rapid, inclusive, and climate-informed development can prevent most short-term impacts whereas immediate pro-poor, emissions-reduction policies can drastically limit long-term ones.