Migration and Development Brief 40: Leveraging Diaspora Finances for Private Capital Mobilization¶
World Bank (KNOMAD). (2024). Migration and Development Brief 40: Leveraging Diaspora Finances for Private Capital Mobilization: Leveraging Diaspora Finances for Private Capital Mobilization.
Cited by¶
1 citation across 1 artifact.
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Primes¶
- Cross-Boundary Subsidy
- Remittance economics: migrant remittances constituting large fractions of recipient-country GDP; household consumption and fiscal capacity are shaped by donor-country labour conditions, and host-country recessions propagate as balance-of-payments stress.
This sourceDocuments migrant remittances reaching record levels and constituting very large shares of recipient-country GDP (e.g., Tajikistan ~45%, Tonga ~38%), with remittances recorded in the balance of payments and funding current-account and fiscal shortfalls.
- Remittance economics: migrant remittances constituting large fractions of recipient-country GDP; household consumption and fiscal capacity are shaped by donor-country labour conditions, and host-country recessions propagate as balance-of-payments stress.
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