Remittances and Development : Lessons from Latin America

There are four main messages that emerge from this book. First, no matter how authors look at the issue, remittances are extremely important in the Latin American context. With remittances estimated to have topped more than US$50 billion in 2006, L...

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Main Authors:	Fajnzylber, Pablo, López, J. Humberto
Format:	Publication
Language:	English en_US
Published:	Washington, DC: World Bank 2012
Subjects:	ACCESS TO SAFE WATER ACCOUNTING ACCOUNTING FRAMEWORK AIRPORTS AUTONOMY BLOCK TARIFF BLOCK TARIFFS BOND ISSUE BONDS BOTTLENECKS CAPACITY BUILDING CELLULAR TELEPHONES CONCESSION CONCESSIONAIRES CONCESSIONS CONSOLIDATION CONTRACT DESIGN COST OF CAPITAL COST RECOVERY CURRENT EXPENDITURES DEBT SERVICE DECENTRALIZATION DISTRIBUTION LOSSES DRAINAGE DRIVING ECONOMIC GROWTH ECONOMIC INFRASTRUCTURE ECONOMICS ELECTRIC POWER ELECTRICITY ELECTRICITY DISTRIBUTION ELECTRICITY GENERATION ELECTRICITY SERVICES ELECTRICITY TARIFF ELECTRICITY TARIFFS EMERGING MARKETS EXCESSIVE PROFITS FINANCE INFRASTRUCTURE FINANCIAL INSTITUTIONS FINANCIAL MANAGEMENT FINANCIAL MARKETS FISCAL BALANCE FOREIGN EXCHANGE GENERATION CAPACITY GOVERNMENT SECURITIES GROSS DOMESTIC PRODUCT GROWTH IN DEMAND GROWTH RATES INFRASTRUCTURE ASSETS INFRASTRUCTURE COSTS INFRASTRUCTURE FINANCE INFRASTRUCTURE FINANCING INFRASTRUCTURE INVESTMENT INFRASTRUCTURE INVESTMENTS INFRASTRUCTURE PROJECTS INFRASTRUCTURE PROVISION INFRASTRUCTURE REFORM INFRASTRUCTURE SERVICES INFRASTRUCTURE SPENDING INSURANCE INSURANCE COMPANIES INTERNATIONAL FINANCE INVESTMENT CLIMATE LATIN AMERICAN LAWS LICENSES LOCAL CURRENCY FINANCING LOCAL GOVERNMENTS MITIGATION MECHANISMS MUNICIPAL FINANCE NEIGHBORHOODS O&M OPPORTUNISTIC BEHAVIOR PENSION FUNDS PENSIONS POPULATION DENSITY PORT CONCESSIONS POWER DISTRIBUTION PRICE CAP PRICE CAP REGULATION PRICE INCREASES PRIVATE OPERATORS PRIVATE SECTOR PRIVATE SECTOR PARTICIPATION PRIVATIZATION PRIVATIZATION MODEL PRODUCTIVITY PROPERTY RIGHTS PUBLIC PUBLIC DEBT PUBLIC EXPENDITURES PUBLIC INFRASTRUCTURE PUBLIC INVESTMENT PUBLIC INVESTMENT IN INFRASTRUCTURE PUBLIC INVESTMENTS PUBLIC INVOLVEMENT PUBLIC PERCEPTIONS PUBLIC SECTOR PUBLIC SERVICES RAIL RAIL COMPANIES RAIL SERVICES RENEGOTIATION PROCESS RETRENCHMENT RISK MANAGEMENT RISK MITIGATION ROAD ROAD NETWORK ROUTES RURAL ROADS SAFETY SAFETY NETS SANITATION SANITATION SECTOR SOCIAL SERVICES SOUTH AMERICA SOVEREIGN RISK STOCKS SUBNATIONAL GOVERNMENTS SUBSIDIARY TARIFFS FOR WATER TAX TAX COLLECTION TECHNICAL ASSISTANCE TELECOMMUNICATIONS TRAILS TRANSPARENCY URBAN GROWTH URBAN POVERTY URBAN TRANSPORT URBANIZATION UTILITIES WAGES WATER TARIFFS WATER UTILITIES
Online Access:	http://documents.worldbank.org/curated/en/2007/01/9054242/remittances-development-lessons-latin-america http://hdl.handle.net/10986/6911

id	okr-10986-6911
recordtype	oai_dc
spelling	okr-10986-69112021-04-23T14:02:27Z Remittances and Development : Lessons from Latin America Fajnzylber, Pablo López, J. Humberto ACCESS TO SAFE WATER ACCOUNTING ACCOUNTING FRAMEWORK AIRPORTS AUTONOMY BLOCK TARIFF BLOCK TARIFFS BOND ISSUE BONDS BOTTLENECKS CAPACITY BUILDING CELLULAR TELEPHONES CONCESSION CONCESSIONAIRES CONCESSIONS CONSOLIDATION CONTRACT DESIGN COST OF CAPITAL COST RECOVERY CURRENT EXPENDITURES DEBT SERVICE DECENTRALIZATION DISTRIBUTION LOSSES DRAINAGE DRIVING ECONOMIC GROWTH ECONOMIC INFRASTRUCTURE ECONOMICS ELECTRIC POWER ELECTRICITY ELECTRICITY DISTRIBUTION ELECTRICITY GENERATION ELECTRICITY SERVICES ELECTRICITY TARIFF ELECTRICITY TARIFFS EMERGING MARKETS EXCESSIVE PROFITS FINANCE INFRASTRUCTURE FINANCIAL INSTITUTIONS FINANCIAL MANAGEMENT FINANCIAL MARKETS FISCAL BALANCE FOREIGN EXCHANGE GENERATION CAPACITY GOVERNMENT SECURITIES GROSS DOMESTIC PRODUCT GROWTH IN DEMAND GROWTH RATES INFRASTRUCTURE ASSETS INFRASTRUCTURE COSTS INFRASTRUCTURE FINANCE INFRASTRUCTURE FINANCING INFRASTRUCTURE INVESTMENT INFRASTRUCTURE INVESTMENTS INFRASTRUCTURE PROJECTS INFRASTRUCTURE PROVISION INFRASTRUCTURE REFORM INFRASTRUCTURE SERVICES INFRASTRUCTURE SPENDING INSURANCE INSURANCE COMPANIES INTERNATIONAL FINANCE INVESTMENT CLIMATE LATIN AMERICAN LAWS LICENSES LOCAL CURRENCY FINANCING LOCAL GOVERNMENTS MITIGATION MECHANISMS MUNICIPAL FINANCE NEIGHBORHOODS O&M OPPORTUNISTIC BEHAVIOR PENSION FUNDS PENSIONS POPULATION DENSITY PORT CONCESSIONS POWER DISTRIBUTION PRICE CAP PRICE CAP REGULATION PRICE INCREASES PRIVATE OPERATORS PRIVATE SECTOR PRIVATE SECTOR PARTICIPATION PRIVATIZATION PRIVATIZATION MODEL PRODUCTIVITY PROPERTY RIGHTS PUBLIC PUBLIC DEBT PUBLIC EXPENDITURES PUBLIC INFRASTRUCTURE PUBLIC INVESTMENT PUBLIC INVESTMENT IN INFRASTRUCTURE PUBLIC INVESTMENTS PUBLIC INVOLVEMENT PUBLIC PERCEPTIONS PUBLIC SECTOR PUBLIC SERVICES RAIL RAIL COMPANIES RAIL SERVICES RENEGOTIATION PROCESS RETRENCHMENT RISK MANAGEMENT RISK MITIGATION ROAD ROAD NETWORK ROUTES RURAL ROADS SAFETY SAFETY NETS SANITATION SANITATION SECTOR SOCIAL SERVICES SOUTH AMERICA SOVEREIGN RISK STOCKS SUBNATIONAL GOVERNMENTS SUBSIDIARY TARIFFS FOR WATER TAX TAX COLLECTION TECHNICAL ASSISTANCE TELECOMMUNICATIONS TRAILS TRANSPARENCY URBAN GROWTH URBAN POVERTY URBAN TRANSPORT URBANIZATION UTILITIES WAGES WATER TARIFFS WATER UTILITIES There are four main messages that emerge from this book. First, no matter how authors look at the issue, remittances are extremely important in the Latin American context. With remittances estimated to have topped more than US$50 billion in 2006, Latin America is now the main destination of these flows. Second, remittances generate a number of important positive contributions to economic development. In particular, they tend to reduce poverty and inequality in recipient countries, as well as increase aggregate investment and growth. Third, even though remittances have a positive impact on the development indicators of the recipient economies, the magnitude of the estimated changes tends to be modest. Fourth, policy makers may take actions to enhance the development impact of remittances. One important message of this book is that the way countries benefit from remittances appears to be positively related to the countries' own institutional and macroeconomic environments. 2012-06-01T19:09:35Z 2012-06-01T19:09:35Z 2008 http://documents.worldbank.org/curated/en/2007/01/9054242/remittances-development-lessons-latin-america 978-0-8213-6870-1 http://hdl.handle.net/10986/6911 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research :: Publication Publications & Research :: Publication 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 en_US
topic	ACCESS TO SAFE WATER ACCOUNTING ACCOUNTING FRAMEWORK AIRPORTS AUTONOMY BLOCK TARIFF BLOCK TARIFFS BOND ISSUE BONDS BOTTLENECKS CAPACITY BUILDING CELLULAR TELEPHONES CONCESSION CONCESSIONAIRES CONCESSIONS CONSOLIDATION CONTRACT DESIGN COST OF CAPITAL COST RECOVERY CURRENT EXPENDITURES DEBT SERVICE DECENTRALIZATION DISTRIBUTION LOSSES DRAINAGE DRIVING ECONOMIC GROWTH ECONOMIC INFRASTRUCTURE ECONOMICS ELECTRIC POWER ELECTRICITY ELECTRICITY DISTRIBUTION ELECTRICITY GENERATION ELECTRICITY SERVICES ELECTRICITY TARIFF ELECTRICITY TARIFFS EMERGING MARKETS EXCESSIVE PROFITS FINANCE INFRASTRUCTURE FINANCIAL INSTITUTIONS FINANCIAL MANAGEMENT FINANCIAL MARKETS FISCAL BALANCE FOREIGN EXCHANGE GENERATION CAPACITY GOVERNMENT SECURITIES GROSS DOMESTIC PRODUCT GROWTH IN DEMAND GROWTH RATES INFRASTRUCTURE ASSETS INFRASTRUCTURE COSTS INFRASTRUCTURE FINANCE INFRASTRUCTURE FINANCING INFRASTRUCTURE INVESTMENT INFRASTRUCTURE INVESTMENTS INFRASTRUCTURE PROJECTS INFRASTRUCTURE PROVISION INFRASTRUCTURE REFORM INFRASTRUCTURE SERVICES INFRASTRUCTURE SPENDING INSURANCE INSURANCE COMPANIES INTERNATIONAL FINANCE INVESTMENT CLIMATE LATIN AMERICAN LAWS LICENSES LOCAL CURRENCY FINANCING LOCAL GOVERNMENTS MITIGATION MECHANISMS MUNICIPAL FINANCE NEIGHBORHOODS O&M OPPORTUNISTIC BEHAVIOR PENSION FUNDS PENSIONS POPULATION DENSITY PORT CONCESSIONS POWER DISTRIBUTION PRICE CAP PRICE CAP REGULATION PRICE INCREASES PRIVATE OPERATORS PRIVATE SECTOR PRIVATE SECTOR PARTICIPATION PRIVATIZATION PRIVATIZATION MODEL PRODUCTIVITY PROPERTY RIGHTS PUBLIC PUBLIC DEBT PUBLIC EXPENDITURES PUBLIC INFRASTRUCTURE PUBLIC INVESTMENT PUBLIC INVESTMENT IN INFRASTRUCTURE PUBLIC INVESTMENTS PUBLIC INVOLVEMENT PUBLIC PERCEPTIONS PUBLIC SECTOR PUBLIC SERVICES RAIL RAIL COMPANIES RAIL SERVICES RENEGOTIATION PROCESS RETRENCHMENT RISK MANAGEMENT RISK MITIGATION ROAD ROAD NETWORK ROUTES RURAL ROADS SAFETY SAFETY NETS SANITATION SANITATION SECTOR SOCIAL SERVICES SOUTH AMERICA SOVEREIGN RISK STOCKS SUBNATIONAL GOVERNMENTS SUBSIDIARY TARIFFS FOR WATER TAX TAX COLLECTION TECHNICAL ASSISTANCE TELECOMMUNICATIONS TRAILS TRANSPARENCY URBAN GROWTH URBAN POVERTY URBAN TRANSPORT URBANIZATION UTILITIES WAGES WATER TARIFFS WATER UTILITIES
spellingShingle	ACCESS TO SAFE WATER ACCOUNTING ACCOUNTING FRAMEWORK AIRPORTS AUTONOMY BLOCK TARIFF BLOCK TARIFFS BOND ISSUE BONDS BOTTLENECKS CAPACITY BUILDING CELLULAR TELEPHONES CONCESSION CONCESSIONAIRES CONCESSIONS CONSOLIDATION CONTRACT DESIGN COST OF CAPITAL COST RECOVERY CURRENT EXPENDITURES DEBT SERVICE DECENTRALIZATION DISTRIBUTION LOSSES DRAINAGE DRIVING ECONOMIC GROWTH ECONOMIC INFRASTRUCTURE ECONOMICS ELECTRIC POWER ELECTRICITY ELECTRICITY DISTRIBUTION ELECTRICITY GENERATION ELECTRICITY SERVICES ELECTRICITY TARIFF ELECTRICITY TARIFFS EMERGING MARKETS EXCESSIVE PROFITS FINANCE INFRASTRUCTURE FINANCIAL INSTITUTIONS FINANCIAL MANAGEMENT FINANCIAL MARKETS FISCAL BALANCE FOREIGN EXCHANGE GENERATION CAPACITY GOVERNMENT SECURITIES GROSS DOMESTIC PRODUCT GROWTH IN DEMAND GROWTH RATES INFRASTRUCTURE ASSETS INFRASTRUCTURE COSTS INFRASTRUCTURE FINANCE INFRASTRUCTURE FINANCING INFRASTRUCTURE INVESTMENT INFRASTRUCTURE INVESTMENTS INFRASTRUCTURE PROJECTS INFRASTRUCTURE PROVISION INFRASTRUCTURE REFORM INFRASTRUCTURE SERVICES INFRASTRUCTURE SPENDING INSURANCE INSURANCE COMPANIES INTERNATIONAL FINANCE INVESTMENT CLIMATE LATIN AMERICAN LAWS LICENSES LOCAL CURRENCY FINANCING LOCAL GOVERNMENTS MITIGATION MECHANISMS MUNICIPAL FINANCE NEIGHBORHOODS O&M OPPORTUNISTIC BEHAVIOR PENSION FUNDS PENSIONS POPULATION DENSITY PORT CONCESSIONS POWER DISTRIBUTION PRICE CAP PRICE CAP REGULATION PRICE INCREASES PRIVATE OPERATORS PRIVATE SECTOR PRIVATE SECTOR PARTICIPATION PRIVATIZATION PRIVATIZATION MODEL PRODUCTIVITY PROPERTY RIGHTS PUBLIC PUBLIC DEBT PUBLIC EXPENDITURES PUBLIC INFRASTRUCTURE PUBLIC INVESTMENT PUBLIC INVESTMENT IN INFRASTRUCTURE PUBLIC INVESTMENTS PUBLIC INVOLVEMENT PUBLIC PERCEPTIONS PUBLIC SECTOR PUBLIC SERVICES RAIL RAIL COMPANIES RAIL SERVICES RENEGOTIATION PROCESS RETRENCHMENT RISK MANAGEMENT RISK MITIGATION ROAD ROAD NETWORK ROUTES RURAL ROADS SAFETY SAFETY NETS SANITATION SANITATION SECTOR SOCIAL SERVICES SOUTH AMERICA SOVEREIGN RISK STOCKS SUBNATIONAL GOVERNMENTS SUBSIDIARY TARIFFS FOR WATER TAX TAX COLLECTION TECHNICAL ASSISTANCE TELECOMMUNICATIONS TRAILS TRANSPARENCY URBAN GROWTH URBAN POVERTY URBAN TRANSPORT URBANIZATION UTILITIES WAGES WATER TARIFFS WATER UTILITIES Fajnzylber, Pablo López, J. Humberto Remittances and Development : Lessons from Latin America
geographic_facet	Latin America & Caribbean
description	There are four main messages that emerge from this book. First, no matter how authors look at the issue, remittances are extremely important in the Latin American context. With remittances estimated to have topped more than US$50 billion in 2006, Latin America is now the main destination of these flows. Second, remittances generate a number of important positive contributions to economic development. In particular, they tend to reduce poverty and inequality in recipient countries, as well as increase aggregate investment and growth. Third, even though remittances have a positive impact on the development indicators of the recipient economies, the magnitude of the estimated changes tends to be modest. Fourth, policy makers may take actions to enhance the development impact of remittances. One important message of this book is that the way countries benefit from remittances appears to be positively related to the countries' own institutional and macroeconomic environments.
format	Publications & Research :: Publication
author	Fajnzylber, Pablo López, J. Humberto
author_facet	Fajnzylber, Pablo López, J. Humberto
author_sort	Fajnzylber, Pablo
title	Remittances and Development : Lessons from Latin America
title_short	Remittances and Development : Lessons from Latin America
title_full	Remittances and Development : Lessons from Latin America
title_fullStr	Remittances and Development : Lessons from Latin America
title_full_unstemmed	Remittances and Development : Lessons from Latin America
title_sort	remittances and development : lessons from latin america
publisher	Washington, DC: World Bank
publishDate	2012
url	http://documents.worldbank.org/curated/en/2007/01/9054242/remittances-development-lessons-latin-america http://hdl.handle.net/10986/6911
_version_	1764398741847015424

Remittances and Development : Lessons from Latin America

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