Impact of remittances on economic growth in developing countries: The role of openness

The paper examines the empirical relationship between remittances and economic growth for a sample of 62 developing countries over the time period 1990–2014. Remittances seem to promote growth only in the ‘more open’ countries. That is because remittances are in themselves not sufficient for growth. The extent of the benefit depends on domestic institutions and macroeconomic environment in the receiving country. Unlike the ‘less open’ countries, ‘more open’ countries have better institutions and better financial markets to take advantage of the remittances income and channelise them into profitable investments which, in turn, accelerates the rate of economic growth in these countries.N/

The Other Side of Need. Reverse Economic Flows Ensuring Migrants’ Transnational Social Protection

International audienceWhile there has been significant study of remittances sent by migrants to their origin countries, reverse economic flows originating from receiving contexts have so far received little attention. This paper shows that migrants cover diverse transnational needs using financial support from their relatives and their own economic resources in the origin country. Reverse economic flows reflect a diffuse circulation of support mechanism in transnational families, with interdependence among extended family members bonded by mutual responsibilities and engaged in indirect multi-reciprocal provisions. Such protective arrangements operate over large timeframes and distances. The unusual reverse economic transactions are not exempt from emotional discomfort and relational dissonances. This article draws on illustrative cases of 21 transnational families of Ecuadorians, living in both Ecuador and Europe, investigated through a multi-sited ethnography with a partially matched sample in 2015-2016