Mexican microenterprise investment and employment : the role of remittances (Working Paper ITD = Documento de Trabajo ITD; 26) PDF Download
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Author: Christopher Woodruff
Publisher: BID-INTAL
ISBN: 9507382577
Category :
Languages : en
Pages : 42
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Book Description
Author: Christopher Woodruff
Publisher: BID-INTAL
ISBN: 9507382577
Category :
Languages : en
Pages : 42
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Book Description
Author: Gordon H. Hanson
Publisher: BID-INTAL
ISBN: 9507382593
Category :
Languages : en
Pages : 48
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Book Description
Author: Mauricio Mesquita Moreira
Publisher: BID-INTAL
ISBN: 9507382623
Category : Economic development
Languages : en
Pages : 76
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Book Description
Economic and political integration have been a perennial and neuralgic issue in the Caribbean agenda. This paper draws on the literature on trade, growth and regional agreements to discuss the motivation behind the Caribbean drive for integration, the results obtained so far and what is in stock for the future. It argues, with the help of descriptive statistics, an empirical growth model and a gravity model, that the traditional, trade related gains from regional integration have been and are bound to be limited because of (i) the countries' high openness; (ii) the limited size of the common, enlarged market; and (iii) the countries' relatively similar factor endowments. It also argues, though, that gains in the area of non-tradables, due to economies of scale which cannot be mitigated by trade and openness, can be substantial.
Author: Catalina Amuedo Dorantes
Publisher: BID-INTAL
ISBN: 9507382569
Category :
Languages : en
Pages : 42
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Book Description
Author: Alberto Barreix
Publisher: BID-INTAL
ISBN: 9507382682
Category :
Languages : en
Pages : 86
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Book Description
Author: Mauricio Mesquita Moreira
Publisher: BID-INTAL
ISBN: 9507382631
Category :
Languages : en
Pages : 46
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Book Description
Author: Rafael Cornejo
Publisher: BID-INTAL
ISBN: 9507382704
Category :
Languages : en
Pages : 58
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Book Description
Author: J. Ernesto López Córdova
Publisher: BID-INTAL
ISBN: 9507382402
Category : Economic development
Languages : en
Pages : 54
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Book Description
In this paper we survey the recent literature assessing the development impact of international migrant remittances. We begin by arguing that international migration should be fully incorporated in ongoing debates on the impact of globalization. We show that, despite methodological challenges, there is an emerging body of evidence suggesting that migrant remittances can have an important impact on development and household welfare. Remittances appear to help in poverty reduction, accumulation of human capital, investment and saving. Finally, we offer an account of existing policies and recommendations to facilitate remittance flows and to take advantage of their developmental potential.
Author: Zsoka Koczan
Publisher: International Monetary Fund
ISBN: 1484361636
Category : Business & Economics
Languages : en
Pages : 21
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Book Description
The poverty-reducing effects of remittances have been well-documented, however, their effects on inequality are less clear. This paper examines the impact of remittances on inequality in Mexico using household-level information on the receiving side. It hopes to speak to their insurance role by examining how remittances are affected by domestic and external crises: the 1994 Mexican Peso crisis and the Global Financial Crisis. We find that remittances lower inequality, and that they become more pro-poor over time as migration opportunities become more widespread. This also strengthens their insurance effects, mitigating some of the negative impact of shocks on the poorest.
Author: Christopher M. Woodruff
Publisher:
ISBN:
Category :
Languages : en
Pages : 40
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Book Description
Does access to capital lead to more robust investment in small scale enterprises in developing economies? We examine the effect of capital constraints on investment levels of microenterprises in Mexico. We use a survey of more than 6000 small firms located in 44 urban areas of Mexico. We focus on one important source of investment capital for Mexican entrepreneurs: earnings from migration by the owner or family members working in the United States. We estimate that remittances are responsible for almost 20% of the capital invested in microenterprises throughout urban Mexico, an additional cumulative investment capital among the firms represented by our sample of about $1.85 billion. Within the ten states with the highest rate of migration to the United States, we estimate that almost than a third of the capital invested in microenterprises is associated with remittances. In additional to showing the importance of remittances in microenterprise development, the findings suggest that access to capital is an important factor in enterprise development.
