It takes the average reader and 48 minutes to read Are Immigrant Remittance Flows a Source of Capital for Development? by Mr.Ralph Chami
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The role of remittances in development and economic growth is not well understood. This is partly because the literatures on the causes and effects of remittances remain separate. We develop a framework that links the motivation for remittances with their effect on economic activity. Because remittances take place under asymmetric information and economic uncertainty, there exists a significant moral hazard problem. The implication is that remittances have a negative effect on economic growth. We test this prediction using panel methods on a large sample of countries. The results indicate...
Are Immigrant Remittance Flows a Source of Capital for Development? by Mr.Ralph Chami is 47 pages long, and a total of 12,079 words.
This makes it 16% the length of the average book. It also has 15% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 6 minutes to read Are Immigrant Remittance Flows a Source of Capital for Development? aloud.
Are Immigrant Remittance Flows a Source of Capital for Development? is suitable for students ages 8 and up.
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