What’s Different about Monetary Policy Transmission in Remittance-Dependent Countries?

What’s Different about Monetary Policy Transmission in Remittance-Dependent Countries?
Despite welfare and poverty-reducing benefits for recipient households, remittance inflows have been shown to entail macroeconomic challenges; producing Dutch Disease-type effects through their upward (appreciation) pressure on real exchange rates, reducing the quality of institutions, delaying fiscal adjustment, and ultimately having an... READ MORE...

Publication date: March 2016
ISBN 9781513531236
$18.00

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