Migrant Remittances and the Investment Climate: Exploring the Nexus
Migrant remittances are the second largest source of private capital flows into developing countries after FDI. Remittance flows augment foreign exchange reserves, strengthen the deposit base, and improve country credit ratings. Although migration may result in a brain drain, these flows and the cap...
| Main Author: | |
|---|---|
| Language: | English |
| Published: |
Washington, DC: World Bank
2012
|
| Subjects: | |
| Online Access: | http://hdl.handle.net/10986/9171 |