About
Photo Courtesy of the APEC Secretariat, www.apec.org
Executive Training
Photo Courtesy of the APEC Secretariat, www.apec.org
Executive Training
Strengthening regional economic integration and prosperity across Asia and the Pacific is the Centre’s driving purpose.
We have an enviable record in designing and delivering tailored training programs and capacity building programs for government,
business, not-for-profits and academic institutions.
Strengthening regional economic integration and prosperity across Asia and the Pacific is the Centre’s driving purpose.
We have an enviable record in designing and delivering tailored training programs and capacity building programs for government,
business, not-for-profits and academic institutions.
Photo Courtesy of the APEC Secretariat, www.apec.org
Executive Training
Strengthening regional economic integration and prosperity across Asia and the Pacific is the Centre’s driving purpose.
We have an enviable record in designing and delivering tailored training programs and capacity building programs for government,
business, not-for-profits and academic institutions.
Remittances and Financial Institutions: Is there a causal linkage?
Remittance inflows from developed to developing countries provide liquidity
for domestic financial institutions, which aids in the development process.
Author/s: Posso, Alberto
Date: 2015
Publication: The B.E. Journal of Macroeconomics
Full article: Remittances and Financial Institutions: Is there a causal linkage?
This paper tests whether the reverse effect has been neglected and whether more financial services and opportunities in the home country attract remittances to developing countries using data from 72 economies. Remittance inflows are driven by increased availability of domestic financial services, particularly the presence of microfinance institutions. These findings, perhaps, suggest that remittance-sending migrants may not be altruistic and send remittances to maximize their own future income.