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Description
  • This paper examines the effectiveness of remittances and offi cial development assistance (ODA) in developing countries. It compares the outcomes of aid poured into the economies of the Third World for decades without any visible effect and remittances transferred by emigrants to their countries of origin which proved to be quite effective. We fi nd that remittances have a stronger net positive effect on the increase of GDP per capita in developing economies than development aid. In addition, remittances tend to be higher than ODA funds, they are absorbed by 80-90 per cent (in comparison with 50 per cent of aid budgets spent on administrative and other costs) and do not hinge on institutional quality. The paper advocates the importance of remittances over ODA and supports the wide usage of coherent development policies executed by the developed Western economies with an aim to enhance transparent and effi cient remittance transfers as one of the best methods to promote development in less-developed countries (e.g. economies in Africa, Asia or Latin America).
  • This paper examines the effectiveness of remittances and offi cial development assistance (ODA) in developing countries. It compares the outcomes of aid poured into the economies of the Third World for decades without any visible effect and remittances transferred by emigrants to their countries of origin which proved to be quite effective. We fi nd that remittances have a stronger net positive effect on the increase of GDP per capita in developing economies than development aid. In addition, remittances tend to be higher than ODA funds, they are absorbed by 80-90 per cent (in comparison with 50 per cent of aid budgets spent on administrative and other costs) and do not hinge on institutional quality. The paper advocates the importance of remittances over ODA and supports the wide usage of coherent development policies executed by the developed Western economies with an aim to enhance transparent and effi cient remittance transfers as one of the best methods to promote development in less-developed countries (e.g. economies in Africa, Asia or Latin America). (en)
Title
  • THE ROLE OF REMITTANCES AS MORE EFFICIENT TOOL OF DEVELOPMENT AID IN DEVELOPING COUNTRIES
  • THE ROLE OF REMITTANCES AS MORE EFFICIENT TOOL OF DEVELOPMENT AID IN DEVELOPING COUNTRIES (en)
skos:prefLabel
  • THE ROLE OF REMITTANCES AS MORE EFFICIENT TOOL OF DEVELOPMENT AID IN DEVELOPING COUNTRIES
  • THE ROLE OF REMITTANCES AS MORE EFFICIENT TOOL OF DEVELOPMENT AID IN DEVELOPING COUNTRIES (en)
skos:notation
  • RIV/00216208:11310/13:10190998!RIV14-GA0-11310___
http://linked.open...avai/riv/aktivita
http://linked.open...avai/riv/aktivity
  • I, P(GAP404/10/0581), Z(MSM0021620831)
http://linked.open...iv/cisloPeriodika
  • 4
http://linked.open...vai/riv/dodaniDat
http://linked.open...aciTvurceVysledku
http://linked.open.../riv/druhVysledku
http://linked.open...iv/duvernostUdaju
http://linked.open...titaPredkladatele
http://linked.open...dnocenehoVysledku
  • 103361
http://linked.open...ai/riv/idVysledku
  • RIV/00216208:11310/13:10190998
http://linked.open...riv/jazykVysledku
http://linked.open.../riv/klicovaSlova
  • international migration; remittances; official development aid; developing countries (en)
http://linked.open.../riv/klicoveSlovo
http://linked.open...odStatuVydavatele
  • CZ - Česká republika
http://linked.open...ontrolniKodProRIV
  • [3AD933A10D84]
http://linked.open...i/riv/nazevZdroje
  • Prague Economic Papers
http://linked.open...in/vavai/riv/obor
http://linked.open...ichTvurcuVysledku
http://linked.open...cetTvurcuVysledku
http://linked.open...vavai/riv/projekt
http://linked.open...UplatneniVysledku
http://linked.open...v/svazekPeriodika
  • 22
http://linked.open...iv/tvurceVysledku
  • Stojanov, Robert
  • Strielkowski, Wadim
http://linked.open...ain/vavai/riv/wos
  • 000330819600004
http://linked.open...n/vavai/riv/zamer
issn
  • 1210-0455
number of pages
http://localhost/t...ganizacniJednotka
  • 11310
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