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  • This paper attempts to shed some light on the issue of the stability, significance of remittances flows and the Official Development Assistance (ODA) in developing countries. Specifically, it poses a question about which of these financial flows are more significant and stable with respect to flows into developing economies. Based on the comparative analysis of empirical data, theoretical conceptualisation and empirical modelling, the paper identifies that remittances represent more stable, effective and significant financial flows to developing countries than ODA. This outcome is based on the quantitative side and the question of effectiveness. The paper does not underestimate the importance of the ODA for developing countries. However, it attempts to show that there might be other effective means. Along these lines, an example of such a coherent development and migration policy carried out by developed countries could serve as a solution for managing temporary and return mi gration between countries of origin in developing regions and developed states. The policy could employ the combination of the following tools: support of secure and cheap transactions for remittances flows to countries of origin; new models of the development aid based on transparent and specific standards of financing and a results-based focus; and positive impacts of return migration such as 'brain gain' effect.
  • This paper attempts to shed some light on the issue of the stability, significance of remittances flows and the Official Development Assistance (ODA) in developing countries. Specifically, it poses a question about which of these financial flows are more significant and stable with respect to flows into developing economies. Based on the comparative analysis of empirical data, theoretical conceptualisation and empirical modelling, the paper identifies that remittances represent more stable, effective and significant financial flows to developing countries than ODA. This outcome is based on the quantitative side and the question of effectiveness. The paper does not underestimate the importance of the ODA for developing countries. However, it attempts to show that there might be other effective means. Along these lines, an example of such a coherent development and migration policy carried out by developed countries could serve as a solution for managing temporary and return mi gration between countries of origin in developing regions and developed states. The policy could employ the combination of the following tools: support of secure and cheap transactions for remittances flows to countries of origin; new models of the development aid based on transparent and specific standards of financing and a results-based focus; and positive impacts of return migration such as 'brain gain' effect. (en)
Title
  • Migrants Remittances, Official Development Aid and Economic Growth in the Developing Countries
  • Migrants Remittances, Official Development Aid and Economic Growth in the Developing Countries (en)
skos:prefLabel
  • Migrants Remittances, Official Development Aid and Economic Growth in the Developing Countries
  • Migrants Remittances, Official Development Aid and Economic Growth in the Developing Countries (en)
skos:notation
  • RIV/67179843:_____/13:00388849!RIV14-MSM-67179843
http://linked.open...avai/predkladatel
http://linked.open...avai/riv/aktivita
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  • I, P(ED1.1.00/02.0073), P(EE2.4.31.0056)
http://linked.open...iv/cisloPeriodika
  • 1
http://linked.open...vai/riv/dodaniDat
http://linked.open...aciTvurceVysledku
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  • 88290
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  • RIV/67179843:_____/13:00388849
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  • International economics; remittances flows; Official Development Assistance; developing countries; international migration (en)
http://linked.open.../riv/klicoveSlovo
http://linked.open...odStatuVydavatele
  • PL - Polská republika
http://linked.open...ontrolniKodProRIV
  • [74D284C59646]
http://linked.open...i/riv/nazevZdroje
  • Ekonomista
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http://linked.open...ichTvurcuVysledku
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http://linked.open...v/svazekPeriodika
  • 73
http://linked.open...iv/tvurceVysledku
  • Stojanov, Robert
  • Strielkowski, Wadim
  • Kowalska, K.
issn
  • 0013-3205
number of pages
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